Your Money: New job, starting a career after 50

ORLANDO, FL (Ivanhoe Newswire) — Whether it be realizing a dream, work life balance, making a difference, or just doing what you want, making a career change over the age of 50 can be satisfying and terrifying. The average American worker has 12 jobs throughout their lifetime. The average age of Americans to change their careers is 39. But it’s never too late to switch. More and more people 50 and over are deciding to take the plunge. Whether it’s boredom or inflation, many adults who simply planned on settling, are now eager to rewrite their stories.

Julia Childs became a celebrity chef at 51. Charles Darwin published the theory of evolution at 50. The Colonel franchised when he was 62. And Schwarzenegger stepped away from acting to become governor at age 56. All these people didn’t realize their dream job until they turned 50.

“The reality is that most of us will have several careers within a lifetime,” says Donna Thrash, Licensed Mental Health Counselor and Career Coach.

There are many steps you can take to become successful when starting a career after 50. First, perform a self-assessment and determine what you want in your next career. Identify the requirements and be sure to acquire those skills. Rebrand your image by learning the industry language and rewrite your resume and online profile to fit. Be patient and positive, keeping in mind that the ideal job may not be the highest paying financially.

“The advantage might be that income is maybe less important than it was when we were younger and raising our children,” said Thrash.

According to the ladders, those over 55 had a higher chance of being hired in career fields like business, finance, tech, and healthcare.

“I don’t think there’s anything that 50 plus people need to do differently than just not apologizing for looking at changing careers later in life,” said Thrash.

Sixty five percent of American workers are actively searching for a new full-time job right now. Factors to include in any job over 50 are your age, health, retirement plans, and qualifications.


Contributors to this news report include: Marsha Lewis, Producer; Roque Correa, Videographer and Editor.

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