Many older workers struggle with changing careers at age 60. You should think about making the change. These include the cost of living, transferable skill, and climate change. The AARP discovered that 78 per cent of respondents were employed 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. Depending on your skills and the industry you're interested in, changing careers after 60 is not impossible.
Older workers can find work
Changing career at 60 is possible, but finding the right job can be daunting. Many older workers, who have worked in their same jobs for many years now, are ready to change. There are many new opportunities in areas such as cybersecurity, social media, financial regulation and global relations. This is the fastest-growing segment of the labor force, according to the U.S. Bureau of Labor Statistics.
Many employers are seeking mature workers. The labor market is more competitive than ever before, and many employers are struggling to find and retain top talent. According to a survey, HR managers over 55 reported the highest levels in positive engagement in the workplace. Senior workers are capable of performing any job, even the most physically demanding.
Transferable skills
It is important to have a good set of transferable skill sets if you want to make a career transition. These skills can be general, role-related, or technical and can be used in a variety of roles. These skills are often more important than any job title.
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. A career coach with experience can help you find the perfect job and match your transferable skills to it.
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. But, if you leave your job, it could result in you losing your contributions to your retirement plan. This amount should be multiplied by the number of years that you intend to work in your new job.
Impact of climate change on career change
There are many paths to a career in the field of climate change, especially for older people. The best way to be successful is to concentrate on your existing interests and skills. You might be able to use your computer skills to obtain a job in the field of climate change. It may take some time for you to narrow down your options.
Many professions could be affected by climate changes. Jobs in law, science, security, and architecture will be at risk. Sea level rise will also affect jobs in the natural resource sector.