I just turned 40 this year. Mortgage will be paid off early next year. Decided to take the package. Not sure if they will accept me, but I think applying is the best play regardless if they accept or not.
At this point I could sustain myself with just 50k a year, so leaving now prevents future headache of worrying about the job and long working hours.
Life is too short to put up with this hanging over my head.