Changing Careers at Age 50 and Beyond

All it takes is the right blend of realism and enthusiasm!

If you’re over age 50 and looking for a job, you’ve probably gotten the message loud and clear that you’re too old.

It’s written on the faces of those who interview you, especially if they’re younger than you. It’s part of the philosophy at numerous companies that push out older employees to make room for youth. Even folklore is against you. Doesn’t the adage warn that "You can’t teach an old dog new tricks?"

That may be true for old dogs. But when it comes to experienced workers, don’t believe it.

People across the country are proving every day that there’s a career future after age 50. They quit jobs to go into business. They go back to school. They take early retirement, then try totally new fields. In short, they pick themselves up at the end of one career only to launch into another.

Consider the case of Enid Adler, a veteran of public relations who at age 50 was reorganized out of the public agency she had served for years. After serious introspection and advice from family members, she enrolled in college and obtained her degree in 1988.

Not that it’s Easy -- Making a career change late in life can be exhilarating. That doesn’t mean it’s a piece of cake. Switching careers at any age requires a set of unique personality traits and characteristics, including:

Self Confidence. After 25 years at a newspaper, I decided to change careers and return to school in social services. The typical reaction from my friends and acquaintances was, "You deserve a lot of credit for going back to school at your age. I couldn’t do it. What about your memory? Do you think you can still study?" I not only thought I could, I proved I could. But there isn’t much support from a society that believes gray hair means impaired gray matter.

Risk Taking. This is especially difficult later in life, when there isn’t as much margin for error. Younger people with fewer responsibilities and lighter financial obligations can afford more daring moves. But once you’ve settled into a work pattern, with a mortgage to pay and a child or two in college, you become highly risk averse.

New Ways of Thinking. Like it or not, you probably harbor some of the same stereotypes you’re trying to overcome. By broadening your thinking about persons over 50, you create new options for yourself.

Just because you’ve done one thing for 25 years doesn’t mean you can’t do something else. Let your mind soar in search of new opportunities. There’s absolutely no evidence that men and women in their 50s or 60s are unable to master new skills. Perhaps we have trouble retaining as much or learning as fast as when we were young. If so, we must simply work harder.

One you feel you meet these three career change prerequisites, ask yourself: Why do I want to make a move?

  • Are you simply tired of what you’re doing?
  • Does your work offer no challenge anymore?
  • Are you about to lose your job because of a merger, takeover, downsizing or clash with your superior?
  • In the back of your mind, have you always wanted to do something else - like be a mechanic or own a business?

If you answer yes to any of the above questions, you’re a serious candidate for career change. Career change offers a new beginning, an end to the old rut and the opportunity to learn new skills. Best of all, it provides a new chance to prove yourself.

A warning, however: Boredom alone may not be a strong enough reason to risk a career change. There may be a more interesting job in your field of expertise. Many companies publish internal newsletters listing job openings and requirements. If not, check with your friends and colleagues in other areas of the company for possible openings.

This strategy allows you to maintain your salary and utilize your acquired expertise (and age may be less of an issue) perhaps as a consultant. More about this later.

Doubts and Fears -- "What if I Fail? Perhaps I’m too old?" Such questions are likely to assail you as the time for action approaches. You can’t afford to ignore them, but don’t let them paralyze you, either.

Take the first question, for instance. Failure at anything is always a blow to one’s self-esteem. Yet there’s no shame in it, as long as you know you’ve done your best. Ask yourself, "What’s the worst thing than can happen if I fail in my new venture? Will it wipe me out financially? Will I lose my house or savings?" If failure means financial disaster - and you’re over 50, with fewer years to recoup potential losses - you may want to reconsider your move. The risks may be too great.

In terms of feeling over the hill, that depends on the field you’re targeting. For the self-employed, age is a factor only when their health is affected. Leopold Stokowski conducted the world’s top orchestras well into his 90s. Arthur Rubinstein concertized until his death in his 80s. And George Burns had nightclub bookings through his 100th birthday.

Far-thinking employers are recognizing the labor-force implications of the graying of America. Older workers, they realize, will be a valuable source of expertise. In my case, McNeil Pharmaceutical and McNeil Consumer Products (both Johnson & Johnson companies) jointly hired me as an employee at age 56.

As mentioned above, consulting is another option. While consultants typically receive no benefits, the pay tends to be very good. Consulting is most attractive to those with generous early retirement packages - or those with working spouses who provide the full range of benefits, in addition to a steady income.

Do Your Homework -- A major factor in successful career changes is research. If you want to go into business, start by checking with the local office of Small Business Administration. Next, talk to the loan officer at your bank. Consult with others in the field. Is there demand for your proposed venture? Do you have a clearly defined market niche or other competitive advantage?

If you want to enter another profession, check the current supply and demand. What’s the unemployment rate in this field? Contact members of the relevant professional organization and check with prospective employers. Ask yourself if you’d be willing to relocate.

Would the new profession require retraining? If so, is a college education or an advanced degree required? In such fields as insurance and stock brokerage, certification courses are offered while on the job. Other fields require courses lasting several months in special schools.

For information that will help you make realistic choices about retraining, check with your local college or university. Many have departments of external services to help you decide about continuing education. Most also offer vocational guidance centers that provide career counseling and testing.

If full-time retraining isn’t a viable option for you, consider attending evening or weekend classes. Many employers are willing to pay for advanced education, especially if the employee is able to use his or her newly acquired skills on the job.

Returning to college can be a tough but extremely satisfying experience. Competing with people many years your junior forces you to truly recharge your batteries. Success or failure depends on your attitude.

Re-entering school at age 52, I constantly reminded myself that although some of my classmates were sharper and faster, I had an ingredient they lacked: a lifetime of experience. Learning new skills, acquiring the latest information, even simply sitting in a classroom - it all made me feel young again, filled with energy and curiosity, excited at the prospect of building a new life. Graduation was one of the happiest, proudest days of my life. I was 54.

In other words it’s never too late to make a career change. The key is to approach the transition with the proper blend of enthusiasm and realism.

Reprinted from National Business Employment Weekly.

Sourced from: http://live.looksmart.com/cgi-bin/framer?http%3A%2F%2Foutreach.missouri.edu%2Fcareer_options%2Fjob.htm%23CHANGING

 

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