I too am 55.
We have purposely closed down our business to the point it is only my Dad and a helper who work now. And that is because my Dad "needs" to work or he would go mad.
I refuse to pay the beast any more than I legally must so a "paycheck" is out of the question.
Now I concentrate on making an income sans payroll taxes... (FICA and all that crap) I buy, sell, and trade and make a legal income that way. I pay taxes on the profit income only and then bank the rest to earn interest income.
I am done with running a business...!