6 Unconventional Career Change Tips for Older Skilled Workers

Career Changer: Do You Focus On Money ($$$) Issues or “Do What You Love (♥)?”

The following is six unconventional mid-life career change tips based on the premise that the key to a successful career change transition is the integration of work, life and financial goals. 

Unconventional Tip #1:
Each day you remain at a job because it is not fulfilling your financial goals is another day you postpone your financial freedom.

If you’re over 40 you probably already recognize that making a career change when you’re young is a lot easier than making a career change when you’re older. Typically, the older you are the more you’ve invested in your current career and the more you potentially have to lose. Many mid-life career professionals remained in careers that were not fulfilling because they felt that their job was “satisfactory.”

If this sounds like you, don’t let the fears cause you to stay in a job that isn’t satisfying your long term financial objectives. The risks of staying in a career that is not meeting your financial goals are often greater than the financial risks of making a strategic move to a career that you enjoy more and that has the long-term potential you desire.

Unconventional Tip #2:
Tip number two is not to believe that if you love what you’re doing you’re bound to make money.
While there is quite a bit of wisdom in the maxim “Do What You Love”, there is not a direct correlation between loving your job and meeting your financial goals. If money is an important consideration in your career change make sure that you thoroughly research your new career to make sure that if you become the best at what you do that the money will follow.

Unconventional Tip #3:
The third unconventional mid-life career change tip is to focus on money issues — not work issues.

When making a mid-life career change it is important to thoroughly explore your new career to ensure that it’s going to be professional and that you’re qualified for the job. However, no matter how much you feel you’re going to enjoy a career change and no matter how qualified you feel for a new position don’t hand in your resignation at your current job until you’ve solidified your financial future. No matter how much planning you do you can’t anticipate everything that is going to occur down the road. If you’re taking a large financial risk by making a career change you may just find yourself in the exact same position in the future — just 10 years older without the financial resources to make another career change.

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    1. Great article, the key advice for me is that you need to be clear WHy you want a career change and HOW you are going to go about it. Women still need to learn to protect their financial futures. Time and again I work with women who have no financial provision.

    2. Thanks for this post…it made me think.<br /><br />You say that there is not a direct correlation between doing what you love and making more money. Do you have empirical evidence to show that is true? I don&#39;t find that to be the fact and think that belief is based on a faulty, and very American, assumption that a grande paycheck translates into mucho happiness. I can testify, at least at

    3. Anonymous

      Number 1 is a load of BS.<br /><br />Over 40, 20+ years education experience in both classroom and administrative positions, post-graduate degree in school administration/management, 9+ years in electrical wholesale and construction in management positions: out of work for 4 years.<br /><br />Simply, the older you are, the less likely you are to get a job. Between health issues (or the perception

    4. Anonymous

      I also disagree with Tip 1. Unless you&#39;re a poor planner, it is actually easier to change careers when you&#39;re older than when you&#39;re younger. When you&#39;re older you should have a good financial base (to cover the time it takes to begin making good money again) and you should be wiser (understand the field that you want to enter and also how business works). Although it&#39;s

    5. Great article. I could relate completely. It&#39;s that time of year again to review our financial goals as well as career goals. For financial goals, I read a book called &quot;The Debt-Free Millionaire&quot; by Anthony Manganiello. It has a lot of great information on how to become debt free and <a href="http:www.therealcashflowceo.com/Books___Products_2XAV.html" rel="nofollow">build

    6. Anonymous

      I agree with the reality that older you are it&#39;s harder to change careers or even get a new job. There is reality and their is what we&#39;d like to happen. <br /><br /><br />As in, experience, hard work and intelligence would be rewarded.<br /><br />Instead, it&#39;s who you know. We end up working for people who take advantage of their jobs in corporations to feather their own nests and

    7. I have been visiting various blogs for my term papers writing research. I have found your blog to be quite useful. Keep updating your blog with in valuable information… Regards

    8. My name is Absolutely Abby &amp; I am a recruiter who is on a mission to help one million job seekers land. My most recent success story was John C who landed in a engineering job that he LOVES after an 18 month search. He is 65 years old and had a positive attitude the whole way through. He had been listening to my FREE Career Wake Up Calls for inspiration and motivation. To join in, please

    9. Your good post has stirred up a lot of controversy. <br /><br />There are a lot of career paths where securing a new job when you&#39;re older is difficult. I am turning 60, have 35+ experience as a graphic designer and editor. I wrote letters to leaders in the hospitality industry, received a call, and got a job. It only lasted a couple of months before I was &quot;burned out,&quot; not able to

    10. A career change strategy for an individual may not guarantee success for another. This is why if you are planning on changing careers sometime in the future, careful planning is needed. Learning unconventional ways on how to shift careers may be applied to your advantage. Thanks for the tips!

    11. Your career is made up of choices. You choose what you want to do, where you will do it, and what type of education will get you there. Some of your choices empower you and others hold you back. Either way, you have power over what you choose in your career.

    12. I believe in the concept of &quot;wellbeing&quot;. Scientifc research indicates, there are a few critical components, that make up your overall &quot;wellbeing&quot;. For each individual, the weighting of those factors is different. Consequently it makes sense to focus on $, if that is a large contributor to your &quot;wellbeing&quot;. Others may thrive by other factors and should favor those

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