Starting a new career at 50
They say life begins at 40, but these days, many of us are living longer and changing career at 50. So when we reach our half-century, what factors should we consider before we make our next move?
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The average person in the UK reportedly has 12 jobs during their lifetime. So in short, starting a new career at 50 is very common.
In fact, many of us can expect to work later in life than previous generations. The default retirement age of 65 no longer exists, and the State Pension rise from age 66 to 67 will take place between 2026- 2028. There will be another review within two years of next Parliament to reconsider the rise to 68. Find out more at GOV.UK
And of course, we all have to think about care costs in later life, so retraining in your 50s could be a smart way to acquire new skills and give yourself and your loved ones a sound financial footing.
Changing careers at 50: what to consider
Everyone's life journey is different, but if you're thinking about starting a new career at 50, there are certain factors where you can take a calculated risk, why not turn a hobby into a viable career change at 50?
How to start a career change at 50
If you’re wondering how to take the plunge, here are some steps you can take to forge a new career path at 50.
Ideas for changing careers at 50
No two individuals are the same, so there's no one size-fits-all careers advice for over 50s. But for some inspiration, we've compiled some ideas below based on different circumstances.
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Resources for changing career at 50
Everyone has a different career journey, and for support and guidance on changing careers at 50, the following resources may help.
- Job Help is a UK government website with resources to help you find work.
- Age UK offers online advice on finding a job in later life.
- Find your nearest Jobcentre Plus for support on securing - and staying in - your next job.