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What are the plans for the game beyond Lvl 50? If there is not opportunity to continue to do more, than why stay? Other online games (check out Wizard101 for example) continue to add new worlds and new levels. Will Settlers continue to expand and grow like that?
There is nothing right now. There are plans for 50+ content but no timeline. So once you hit 50 you can either quit, or spend the time building up your island in anticipation of pvp or 50+ content. Basically only 2 choices i see right now.
Right now once you reach level 50, you are as high as the game can go. there is nothing that would drive you to work beyond.
The Devs are working on 2 main issues. Guilds, and PvP. Levels would be a sub-forum for PvP.
What exactly they are doing to each is not fully known, but don't expect PvP till Q3 or so, i would be very surprised at the devs if it was sooner.