So what would you do with a ‘don’t-go-away-mad, just-go-away’ retirement package worth $198 million?

Join a super-elite club that offers you a second home in exotic places? Why not? But Hank, who was never known for doing things in a small way, is taking the idea a step further. He’s joined the advisory board of the Solstice destination club.

This is not your grandfather’s timeshare. Solstice boasts that it operates at the high-end, luxury market by offering properties worth $6 million or more in Aspen, Telluride, Paris, London, Cabo San Lucas, St. Barth’s, Florence and Napa Valley. There’s also a 90-foot yacht. (You can see photos here). Membership runs from $535,000 to $1.65 million, plus annual fees.

And since Solstice, which is headquartered in Scottsdale, Arizona, wants to expand, having Hank around to offer “insights” can come in handy. “His extraordinary talent, global business acumen, and diversity of expertise will prove invaluable as we expand the Solstice brand,” says Solstice ceo Chad Morse, in today’s announcement.

Given Hank’s high profile, glib humor and modesty-challenged personality, he’s a natural magnet for elitists everywhere, especially other deposed ceo’s with questionable track records. Not so sure Pfizer investors would agree Hank has much business acumen. And it’s not clear, exactly, which talents or insights he has to offer.

Then again, he has $198 million coming to him - and you don’t.

[tags]Executive Pay, Hank McKinnell, Pfizer[/tags]