As you age, you might feel like you are set in the career path you have followed to this point.
If you enjoy and excel in your chosen field, that is probably not a source of worry. However, if you feel stagnant on your professional path, undervalued by your employer or otherwise unfulfilled, you may be concerned that a career change could still be more trouble than it is worth.
While you must carefully consider the logistics and financial impact of any career change, you have the power to determine if a change to a new profession will be worthwhile. Our video, “Making Your Midlife Career Change More Successful,” highlights practical needs that should be addressed to support a successful career transition.
No matter the reason why you decide to move into a new career, you need to make sure the field as a whole offers compensation that aligns with your current budget and expenses. While salary is especially important, benefits like health insurance must be considered as well. If you find that an area of professional interest generally offers low pay and few benefits, you may be better off approaching it as a hobby or side hustle instead of a full-time career.
These considerations start when planning a career change but extend into every job you will hold in your new field going forward. Watch our video to learn more.