Changing Careers during a Midlife Crisis
Are you facing a midlife crisis yet?
If retirement is on your horizon you should be facing a major mid life crisis because you are about to face a harsh reality. Changing Careers is the more life enhancing option. Online education from certificate courses to online college degrees are more accessible than people realise.
The first world average Life Expectancy is approaching 90 years. Government and all other pension funds have all come under immense pressure in dealing with a growing non-productive retired community. Know that Institutional problems become the problems of the individuals depending on them.
It is unrealistic to imagine that we can be supported by our parents and governments into our 20′s, then work for some 35 years and again be supported by the system for a further 35 years.
That means that on average we work for 38% of our lives and rely on the system for 62%. The tax burden is spread even thinner to only 25 years of the average income generating lifespan. This means that the tax rate just to support the non-productive part of the ‘once economically active’ population should be 75% or more.
Add to this the economically inactive part of the population, the stay at home moms, the incapacitated or otherwise unemployed and the formula becomes even more unthinkable!
People who look to retire at 60 will have to accept a dramatically lower standard of living than the national average. Nothing else is sustainable and anyone thinking that they will be able to rely on the government, National Health schemes or any other meaningful benefit system live in a dreamworld.
I cannot think of anything more depressing than living for thirty years on the breadline with nothing to do while waiting to die! A mid life crisis can save you from this fate. Also see the artcicles on “Midlife Crises-Men” and Midlife Crisis-Women”
Instead of Retirement, look at Changing Careers.
It may require a paradigm shift but most people at retirement age are not too old to work. They may be tired of the thing they have been doing for the past 30 years and their skills may be dated but that would be because of ingrained thinking that was pervasive in that generation. Thirty to forty years ago we had a mindset that one should choose a career or profession and that would be what you would do for life until ‘retirement’.
These are antiquated concepts. Anyone who thinks a qualification is for life will stumble. Along with technology, the world’s knowledge base and skill requirements are growing and changing at an enormous rate and the name of the game is ‘Get With It!’
The other side of the coin is that not only do we live longer, we are also capable for much longer. We do not grow less capable as we grow older. We grow differently capable. It is wise to wise up to these changes well before mid-life and to take advantage of them early, but it is never too late to do so. Never!
Changing careers in maturity
It is difficult to be general about changing careers so see this chapter as a stimulus to think through your own choices. Following are some career changes choices to consider. The key to success in every instance is some form of formal education which today is prolifically available online. Just do search in your area of interest and you will find worth while education courses in every conceivable field ranging from three month certificate courses to full on degree courses up to PhD level.
Do not be trapped into buying a certificate or degree.
Do accept that you need to upgrade your skills or gain new ones and gain modern day knowledge and techniques. Think like a first year college student, hungry to learn.
Do make sure that whatever course you do will be recognised by an independent, respected third party professional body.
Here are just some ideas for careers and qualifications suited to more mature individuals:
Project Management is an ideally suited occupation for mature people with experience in some field. If you have ever organised a house move, a big party, a wedding or something similar, you have managed a project. Project management as an occupation is just a more formal and structured way of going about it. Ready the sections on Project management. It can range from simple to complex and you can qualify in stages.
One can gain formal qualifications in Project Management in steps from a Certificate in Project Management to On line College degrees.
Like Project Management, experience in any field gives you a basis to become a consultant in that field. Consulting can range from being a trainer of people entering the field to adviser to management. Consulting is ideally suited to people ‘going on their own’.
Career managers are too busy to keep up with the developing thinking in their field and rely on consultants to do that for them, to do the detailed research and then to guide them in the specifics. A person with some maturity, not formally employed, has ample opportunity to do thorough research and then to offer advice or training in a structured manner.
Formal qualifications help, but are not necessary. There are short courses, cetifications available in just about any field, with an abundance on online courses, online education and online certificates to give you both the knowledge you require and certifications in your field.
Insurance sales and financial advisor
My father was an insurance salesman and I hated the idea of sales. in My youth I looked at these two occupations with some disdain. As I grew older I realised that we all sell, whether it is our time or some product. Since our time is finite, selling your time has a ceiling to the amount of money you can earn, regardless of what you get by the hour. Selling a product or a service is limitless in the earnings potential.
Insurance selling is both a sales function and is best done while delivering an essential service to the client.
My sister is running a thriving busiess as insurance broker and I ascribe her continued success to the outstanding service and objective advice she provides to her clients.
Again, it is a career best suited to the more mature population with some life experience under their belt.
Every business, from the local hairdresser to big banks needs to buy products and services. A corporate salesman offers a service that includes well researched knowledge narrowed down to good products to offer their target business.
With life experience under your belt and some formal training you can help Yuppies, youngsters and people on the career ladder tackle their life challenges much more effectively. Many life coaching courses are being offered these days to help you set yourself up as a life coach.
Neuro Linguistic Programming
NLP lies somewhere between pop psychology and formal psychology. Without it being named, psychology over the last two or three decades has been hugely adapted to include the amazingly insightful concepts that combines to form this emerging branch.
NLP is gainng increasing respect as a counseling science with a wide scope of application, from treatment to training in human interaction such a sales and management training.
Anyone with an interest in understanding the mind, how people interact, effective communication, persuasion skills and even advertising and marketing can gain qualifications in NLP in a few months, and hone their skills over a few years.
Scope for self-employments is vast.
Just a few more thoughts to get your imagination going:
- Spiritual Counselling
- Art dealing
- Proof reading
- Internet Marketing
- Sales Training
- Quality control
- Landscape Architect
- Interior design
- Graphic Design
- Sales and Marketing
Break through any barriers in your mind that make you think that you cannot do something or learn something new. Why would something like Graphic Design only be for the young. If a teenager can learn this kind of technology from zero base you can do it much faster with your years of experience. The name of the game is ‘get with it’ or perish! Let your midlife crisis be your wake up call to look at changing careers in maturity.