Thursday, February 4, 2016

Planning a Midlife Career Change

If you’re unhappy in your current job and want to make a career change late in life, it’s important to make a thorough plan first. More than half of U.S. workers want to change careers, a number that will likely increase as time goes on. People are living longer, retiring later and looking for a sense of purpose in their careers, leading them to pursue career changes later in life. The days of pension plans and employer loyalty are all but gone, and workers are thinking of their careers as an extension of their passions, not their employers’ needs. Women especially may seek a career change as they transition in and out of the workplace to care for children or aging parents.

Embarking on a brand-new career late in life can be more difficult than starting when you’re young. Sometimes it’s hard to teach an old dog new tricks, and the logistical barriers—not to mention age discrimination—make it easy to stick with the status quo. But if you’re truly unhappy with your career, or if you’d like to pursue a passion you’ve been neglecting thus far, now is the time to get started. The average career change takes around 18 months, and every day you wait puts you that much further away from your dream of career satisfaction and financial freedom.