The other point of view.
I’ve tried to do the downshifting route, doing a job that was less demanding and paid me considerably less than before. I was utterly and totally bored. So now I’m back doing a job which requires a minimum 60-hour week, and for which the Blackberry is never switched off. I manage just under 200 people across the world, and have all manner of stress.
I absolutely love it; I can manage my own time, where I work, and whether or not I delegate work or do it myself. I get very well paid in return, and rarely need to work weekends, though calls and emails come in at unexpected times.
Most people really wouldn’t want to do my job, and I have a fair number of comments to that effect. Fair enough, but this is what I’m good at, and almost anything else leaves me unfulfilled. The kids see a little less of me than they did before, but they see a happy dad for 2 hours a day rather than a grumpy one for 3. Probably a trade most people would agree to, and certainly one my wife and kids seem happy with.
And it does mean that the material things (like going skiing with the kids several times a year and doing lots of things such as white water rafting in the summer) can be afforded. It’s also nice to think that if I work hard for the next 10 years I can retire at any time after that.