Changing Careers at 50: How to Manage
How to change careers at 50
With the downturn in the economy mid-life career
change although not common sometimes is the best avenue to travel. The overall demand for some professions are
disappearing or shrinking while other careers have increased or new careers have become more common. With this
turmoil all around us changing careers after 50 can be a challenging task.
Changing careers at 50: Start with your career plan
Starting a new career at 50 from
the relative safety of a long held career into something completely new can be overwhelming. However, with the
proper approach, research, preparation and career planning while remaining flexible and avoiding mistakes can make
the career switch to a job with a future and into something that you will enjoy.
Career change at 50 and beyond: Actions to take
Here are some ideas to help you
change careers at 50: what actions to take and missteps to avoid.
1. Sell yourself on the move. Do your research and get
excited about the prospect of switching careers. Do everything you can to walk the walk in the new career.
Join appropriate career based organizations. Read and study what those in the new career do. Read their blogs
and websites on a regular basis.
Go to career based
conventions and other relevant meetings. Build your network of individuals currently working in the desired career.
Add to your career switching network through your alumni association, and by searching on
When you are ready to make
the move you will have build the groundwork to assist you in finding relevant job openings in your new
career after 50.
2. After researching a potential new career take an
inventory of what you have to offer potential employers. What transferable skills are important?
Use your network to find out
the possible needs employers are looking for in your new career. Now you have a list of what you have to offer and
what the employers need. If there is a gap you may have some work to do.
3. Close the skills gap through added education and
experience. College level courses can be taken. But not all education needs to be acquired in a classroom.
Online learning is all around us. Self-study is another option. Perhaps a mentor can guide you in learning a
desired skill. There may be workshops and seminars that you can attend.
You can add desired
experience through your current employer. Volunteer to work with groups in other departments is one good choice.
Working for an outside organization is another option.
4. Perhaps the most important aspect of any plan in
changing careers at 50 and beyond is to build a financial plan to go along with your career change
after 50 may mean taking a lower paying position. It may be years until your income meets or exceeds your
current compensation. Reduce your stress and make changing careers a more positive experience by getting your
financial house in order. Reduce debt and other financial obligations. Defer making any substantial
Perhaps to close the
financial gap you need to have another stream of income. A home based business or a part-time job might be the
answer. Explore all your financial options, work through the issues and the career change after 50 will be much
Changing careers is not normally an
overnight experience. With planning, some work and by taking a longer term view you chances of landing the desired
job in the new career at 50 goes way up.
Don't neglect to read what others
have successfully done in developing their career plans in changing careers at 50 and