Exactly. If making good money without taking on too much stress was the goal, my advice to everyone would be to become a senior/staff IC at a decent company and stay in that role till retirement.

I think the stress at senior/staff will be there no matter what but if you aren't especially suited for the management track, the stress of being a manager will be 10x. If you're suited, then I'd argue it will be 1x or maybe less.

I've attempted to follow the traditional/expected progression path of senior->management and had a horrible experience each time. Even though I was getting praised for the work,it was taking way more energy from me to the point of burning out much faster than anything at the IC level.