Changing careers at 60 is a challenge that many older workers face. There are many reasons why you should make the switch. These include climate change, cost of living and transferable skills. The AARP found that 78 percent of respondents were in a job for financial reasons. While the majority of respondents expected to continue in their current job until retirement, 20 percent considered changing careers once they reached 60. Changes in careers after 60 are possible depending on what your skills are and where you work.
For older workers, there are jobs
You can change your career at 60. However, it can be daunting to find the right job. Many older workers have remained in their jobs for many long years but now need a change. There are new opportunities in the areas of social media and cybersecurity as well as financial regulation, global relationships, and many other fields. This segment of the market is the fastest growing, according to U.S. Bureau of Labor Statistics.
Many employers are in search of mature workers. Many companies are finding it difficult to recruit and retain top talent as the labor market is tighter than ever. One survey of HR managers found that people over 55 showed the highest levels of positive engagement in the workplace. Senior workers are capable of performing any job, even the most physically demanding.
Transferable skills
A strong set of transferable skills is a great asset if you are considering a career shift. These skills may be general, technical or role-related and can be used to fill a range of roles. These skills are more important than a job title for employers.
If you're searching for a new career but don’t have any prior experience, a coach can help determine whether your skills and abilities are suitable for the job. An experienced career coach will be able to help you find your dream job, and match it with your transferable abilities.
Living costs
When you decide to change careers, it is necessary to calculate how much. If you earn $50,000 and want to change careers to one that pays more, you'll need $75,000 to live the same lifestyle. A modest raise can make all the difference. However, losing your current job can also result in reduced retirement contributions. Make sure you multiply this amount by how many years you plan on being in the new job.
Impact of climate change on career change
There are many avenues to pursue a career that is related to climate change, especially if you're over 60. It is a good idea to keep your focus on what interests you. For example, if you enjoy working with computers, you might want to use that experience to get a job that has something to do with climate change. But it can take time to narrow down your options.
Many professions are likely to be affected as climate change continues to increase. The threat to jobs in science and security, law, engineering, and architecture is real. Sea level rise will also impact jobs in natural resources.