Things to Know Before Opting for a Career Change at 40

CareerStint Staff Oct 16, 2018
Choosing a new career can be exciting but making a change at the age of 40 can be a lot more daunting. Remember, being strong, keeping yourself focused on the new goal that you have set for yourself, consistency and hard work, are some of the things that you will be required to deal with.
Have you been finding your work quite dull and boring lately? Are you contemplating a career change? If yes, then here are a few aspects that you should consider, when thinking about a career change at 40.
Choosing a new career can be exciting but making a change at the age of 40 can be a lot more daunting than when you are young. There can be several reasons for this. Either the current job limits your personal and professional growth and development or you want to pursue your dream job.
Whatever be the reason, you need to be very clear about your decision and thoroughly investigate the pros and cons (both professional and personal) before making a transition.

Making a Midlife Career Change

A midlife career change can be quite challenging especially after one has spent several years in a particular industry and have already achieved some success, both professionally and financially.
So it is very important that you truly identify the reason behind contemplating a change. Many a time, more than our careers, it is the monotony of our daily life which can give rise to such thoughts.
Before going in for a career change, give yourself enough time. Think long and hard before taking such a decision. For a few days, try to break the monotony in your life, by pursuing a hobby. Spend a little time away from your family and reconnect with yourself. Socialize with your friends and have fun with them.
If after making all these changes, you still feel that you want a career change, then go for it. However, before switching to a new career at this age, think upon questions like, 'Why you are looking for a change?', 'Are you not satisfied with your present job?', 'Are you missing out on the learning experience and concentrating only on the financial aspect?'
Also, try to assess yourself based on your skills and credentials, acquire any new skills or professional certificates if necessary and choose a career that you would enjoy. Consider your financial status as well, before taking the big leap.

How to Plan a Midlife Career Change

Here's a list of all the things that a person should take care of, when going in for a midlife career change.

Financial Stability

Most of the people in their forties are married and have children. So one of the things to consider when planning a career change is that one should be financially stable and have enough money, to support them through this period and make the transition smooth.
If you have taken any loan such as a home loan or a personal loan, make sure that your bank account has a enough funds to pay its installments for at least a year.
As a new job can be low-paying, especially in the beginning, you need to plan well in advance so that you can sustain yourself and your family. So arrange for sufficient finances before thinking about a change in your career.

Choose Your Career Carefully

While choosing your new career, it is very important that you understand your skills and qualities. It is also imperative that you know what you lack in your current job, that you are looking for a career change.
Find as much information about all the new fields that you are considering to enter and see the kind of jobs they offer that match your expectations. If possible, talk to the professionals that are already in that field for a long time.
Find job options that match your skills, interests and values. Do some research and find out the pay range for the type of job you are seeking, the working hours, what will be required of you in the job, etc.

Upgrade Your Skills

Once you have zeroed in on a particular career and are sure of the kind of job that you want, start working on yourself. If the career that you have chosen, requires a specific skill, take necessary steps to acquire those skills.
Attend classes or workshops, or obtain professional certifications to develop the appropriate skills required for the job. Make sure that you are well-equipped by the time you go for an interview for that particular job.
A person needs to possess a strong will, patience and perseverance for a successful career change at the age of 40. Choosing a completely different career in midlife can be quite difficult, as it is like starting all over again. There is a possibility that you may have to start at an entry-level position and thus, have to work with people half your age.
So being strong, keeping yourself focused on the new goal that you have set for yourself, consistency and hard work, are some of the things that you will be required to deal with, for a successful and smooth transition.
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