10 Career Options for Professionals Seeking Change

If you are a professional over 50 thinking about changing careers, you're not alone. Many of the individuals I coach are considering making career changes later in life, for a variety of reasons that can range from being bored with their current job or burnt out from their last job, to looking for a new challenge.  Many, however, were unwillingly pushed into transition as a result of layoff.  Whatever your reason for thinking about a new direction, changing careers can be a daunting task, especially if you're over 50. However, it's important to remember that it's never too late to start over. In fact, there are many benefits to changing careers later in life. For example, you may have more financial resources than you did when you were younger, and you may also have more life experience and wisdom to offer.  You may also have more colleagues or family members who want to partner with you, if you decide to start a new business.

If you're thinking about making a career change, here are 10 in-demand career options: 

1. Healthcare

The healthcare industry has been experiencing a staffing shortage, so there is a high demand for qualified healthcare workers. Some specific healthcare careers that are good options for people over 50 include physical therapy and occupational therapy as well as radiology technicians. Within the category of physical therapy, some healthcare facilities offer yoga, meditation, pilates or personal training so, if you have experience in those areas, there may be opportunities for you.  These careers may offer flexible benefits and can be very rewarding as you would be contributing to the health and well-being of others. Keep in mind the time and cost necessary for training.

2. Education

There is also a continuous demand for teachers, especially in high-need areas such as special education and STEM (science, technology, engineering, and mathematics). Teaching can be a rewarding career for people who are passionate about helping others learn.  You might need to consider obtaining teaching credentials and/or certifications, though “emergency teaching credentials” are an option in many states and something to consider if you merely want to try this path; you can obtain certification at the same time.

3. Business Consulting

Business consulting is an excellent option for people over 50.  areers could include specialty consulting, project management, and marketing. They often require strong analytical and problem-solving skills, skills many older workers have developed over the course of their careers.  To break into this career option, you may need to start with contract work or join a consulting firm, as it can be difficult to start your own consulting business from scratch.

4. Technology

The tech industry is constantly growing and evolving, which means there are always new opportunities for people with tech skills. Contract work for people with tech skills is abundant.  Therefore, tech-related work is a good option for people over 50 and might include web development, data science/analytics, and cybersecurity.  Be sure you keep your skills current in these areas.  

5. Entrepreneurship

If you have a great idea for a product or service, starting a business can be a great way to pursue your passion. There are many resources available to help older entrepreneurs get started, such as the Small Business Administration (SBA) and SCORE.  Consider factors like start-up and operational costs. Be sure that you have sufficient financial resources or investors, and consider setting up a partnership or corporation. Do your due diligence, conduct market research, develop a business plan, and ensure your idea is viable.  Spend time researching the best legal structure for you (i.e., LLC, S-Corp, etc.).  It is also very important to choose your partners well if you don’t plan to go solo.

6. Real Estate

Real estate can also be a good industry; consider becoming a real estate agent, appraiser, or investor (perhaps doing “fix and flips,” but this is high risk, so be cautious).  Again, you will need to consider the training, legal, or certification requirements involved.  If you are working as an appraiser or real estate agent, you may be dependent on closing sales in order to earn your commission fees, so keep this in mind before you take the leap.   

7. Volunteer work / Not-for-Profit Work

Many older workers consider volunteer work.  If you are passionate about making a difference in your community or sharing your skills and advice with others who are in need, volunteer work can be a rewarding career option.  If there are specific causes you feel passionately about, there are many opportunities to work for not-for-profits.  As can be expected, pay is typically considerably lower than in the for-profit world (or often unpaid), but the personal gratification and reward are immeasurable.  There are different types of nonprofit organizations, so you can find one that aligns with your interests and skills. You can research these at various internet sites.

8. Travel

If you love to travel, there are careers that allow you to do so, such as becoming a tour guide or organizer, or travel writer, or travel agent. These careers can be a great way to see the world and meet new people.  

9. Retirement Planning

If you are nearing retirement, you may want to consider a career in retirement planning. This can be a great way to help others prepare for their golden years (and to improve your knowledge when the time comes for you to retire).  Careers in this field might include financial counseling or investment planning.  You may also consider becoming a Medicare expert.  Typically, Medicare specialists are compensated by insurers and provide an extremely valuable service assisting people in navigating the complex world of Medicare, Supplements, Drug Plans, Medicare Advantage, etc.

10. Personal Coaching

If you are good at helping others, you may want to consider career, personal or life coaching. You will need to decide whether to become independent or work for a consulting company. This can be a great way to help others achieve their goals; many find this work rewarding.

Conclusion

Changing careers can be daunting and scary, but it's definitely possible, even if you're over 50. If you're thinking about making a change, do your research, talk to associates or experts, and explore your options. There are resources available to help you, such as career counselors, online job boards, and government programs.  Do you research, don’t be afraid to start over, and work your network.