Many older workers are faced with the challenge of changing careers after age 60. You should think about making the change. These include the cost of living, transferable skill, and climate change. The AARP found that 78% of respondents were employed because they had financial reasons. Most expected to stay in their job until they retire, while 20% considered changing careers when they turn 60. You can easily change careers after 60, depending upon your skills and the industry that you work in.
Older workers can find work
Changing career at 60 is possible, but finding the right job can be daunting. Many older workers have remained in their jobs for many long years but now need a change. New opportunities are emerging in fields such as social media, cybersecurity, financial regulation, global relations, and more. According to the U.S. Bureau of Labor Statistics, this is the fastest growing segment of the labor market.
Employers are actively seeking mature workers. The labor market is tighter than it has been in decades, and many firms are struggling to attract and retain top talent. According to one survey, people aged 55 and over showed the most positive engagement in work. Senior workers can take on any job that is physically demanding, and they are capable of doing it all.
Transferable skills
Strong transferable skills are a big asset for anyone considering a career switch. These skills can be general or specific to a role and can be applied in many different roles. Most employers look for these skills instead of a specific job title.
If you are looking for a job, but don't have any experience, a career coach will help you assess your abilities and determine if they can be transferred to the new job. A professional career coach can help match your skills with the job you want.
Cost of living
It is important to know how much you will have to change your career if you want to change. To have the same lifestyle, you will need $75,000 if your current salary is $50,000. In this case, a modest raise could make a big difference. You could lose your retirement savings if your current job is terminated. This amount should be multiplied by the number of years that you intend to work in your new job.
Impact of climate change upon career transition
There are many options for people over 60 to pursue a career in climate change. One of the most effective ways is to focus on your current interests and skills. 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 will be affected by climate change. Many jobs in science, security and architecture, as well as law, will be at stake. Sea level rise may also have an impact on the natural resources sector.