Comment by RajT88

I know people who have stepped down from principal. I just got the bump to principal myself after (allegedly) performing at Principal level for years.

The fun satisfying stuff is the generally lower impact work. The boring and frustrating stuff is higher impact work. If you do not need the Principal money, and Senior money is good enough to retire on, I can understand how you might be tempted to stay at senior, or even take a pay cut.

TL;DR: nothing wrong at all with staying at Senior.