Succession plan

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The actuary I'm working with plans to retire in about a decade time and offered to give his business to me during a period of transition. I was flattered but declined the offer. He took it well and thanked me for the help I've given and will be giving in future until he retires. Among my response was the following:

My dad practised a healthy lifestyle. He ate right, exercised daily and socialised frequently. Except when he was much younger, he didn't smoke and he drank only occasionally. When he was aged 60+, I even boldly predicted that he would live to at least 80+ and possibly to 90, especially given that my grandfather managed to live that old. Yet, despite these, he was taken away by cancer at the age of 73.

This got me thinking about my life.......given the myriad of ill-health conditions I have, the period of good quality of life may even be shorter than that. There are things I want to do and more actuarial work isn't one of them. Hence my decision. Also, I don't plan to pursue Fellowship qualification and so it's technically not viable for me to sign off reports.

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