Many Americans consider changing careers after they reach fifty, which was once unthinkable. More than 108 million Americans who are fifty or older will have second and third careers in their future, regardless of how long they may take or how linear they may be. A growing culture is attempting to “retire” the concept of retirement since 10,000 Americans turn sixty-five a day in the U.S.
Stanford University’s Center for Longevity’s New Map of Life report indicates the forty-year career is rapidly into the sixty-year career. Kerry Hannon, workplace futurist and author, says that people can change jobs at any time; they should approach a second career like they approach their first, especially as they age.
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Hannon said, “It is about redeploying the skills you have acquired over a lifetime. Change your perspective and acknowledge that a new career may last ten years, followed by another. Lifelong learning is all about acquiring new skills.”
There is the possibility of a new beginning, but patience, determination, a focused strategy, and income are mandatory. A successful career transition requires deep diving into your goals and how you want to spend your time.
Do you want to work full-time or hybrid? The trend towards remote work may change your thinking. The global firm Spencer Stuart partner Suzanne Burns says you should define success at this point in your life.
She said, “The impact of COVID has changed a lot. Some people are choosing to step out of the mainstream job market to create a portfolio career, where they may have a set of activities that make up their next chapter.”
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The recruiters all admitted ageism is still alive in the workplace, but things are changing. But companies, governments, and institutions will need to change course. Many corporations’ diversity, equity, and inclusion policies do not include age.
The ideal time to become an entrepreneur is fifty or older because you have experience, knowledge, contacts, and resources at your disposal. Nonprofits are another stellar career change for anyone in midlife. It may be helpful to join a board, donate time, and explore certificates and degrees in this field. NGOs need experienced managers in all areas.