This guide explains what to do when you need that change. We have covered everything from the advantages of changing your career at 40 to transitioning without hurting your bank account.
You're not alone if you're thinking of leaving a toxic boss, have lost interest in your field, or wish you had more control over your prospects.
In fact, the Bureau of Labor Statistics estimates that from July 2021 to January 2022, about 4 million Americans left their jobs each month. That trend has shown no sign of slowing down.
Perhaps even as you are reading this article, you are assessing the benefits and drawbacks of leaving the safety of your current paycheck, considering how you'll provide for your family, or having regrets that you've wasted half a career in a job you never liked. The whole thing can become overwhelming.
On the other hand, the idea of new beginnings into something that will make you happier is thrilling especially if you have emotionally checked out of your profession. The big question is how can you switch careers without significantly disturbing your life.
This guide explains what to do when you need that change. We have covered everything from the advantages of changing your career at 40 to transitioning without hurting your bank account.
Why do people change careers in their 40s?
Changing careers in your 40s is in fact just the right time to be doing it. This is the mid-way point in your professional life and you have enough wisdom to judge and do what may make you happier towards the later half of your career.
There is no age that is too old for a career change but if you need evidence of this just consider the following people who followed their dreams to a career change at or very close to 40:
You, yourself, can also begin a new career at or around 40 if that is what you want. It might require some planning, but it's never too late to make new personal and professional goals that make you feel more fulfilled.
Since starting your first job, you have probably made significant personal and professional progress.
You might have mastered communication and interpersonal skills learned to cooperate with challenging team members, maintain productivity through self-motivation, and learned to reinvent and even rebrand yourself.
A great way to get inspired and find success with career change is to listen to the best podcasts on the subject and to read the top books by career change experts. We highly recommend this exercise if you are serious about career change.
The following checklist can help you change careers at any point and make the transfer as smooth as possible:
Before you commit, ask yourself why you want to change careers. Make a list of all your justifications for the switch. Then re-evaluate in light of all the positive things you are hoping to gain from your new employment. Are the benefits worth the career change?
This will enable you to decide whether you desire a change of career at 40 or simply a new employer, position, or working environment. In either case, only you can choose whether giving up is worthwhile for you.
Some people prefer to set up their own business to doing a job when they want to switch careers. If you feel you want to test your entrepreneurial skills while wanting to change careers, read this excellent guide.
Although you will be the one doing the new work, your choice will undoubtedly have an impact on others. Tension may develop later if you don't get their input and deal with their issues right away.
It is important to have all the stakeholders support you as much as possible so that you can focus on making the midlife career change and not get distracted by these other issues.
By the time you are 40 you already have a lot of experience under your belt and a number of key skills that any employer will value across industries. Most employers, for example, place a high value on soft skills including good problem-solving, management, and organizational ability.
Find opportunities to build on your most valuable transferable skills by taking on new tasks at work or in your free time. For example, if writing is a key skill that the new career requires then volunteer for a project which requires documentation.
Sometimes, you simply might not have some key skill(s) required by your new career. For example, you are a graphic designer in an ad agency but you want to be a photographer instead.
You are already creative and have a good sense of image composition, but to become a professional photographer you need to learn how to use the camera and understand lighting. A short course in photography can do this for you.
Consider enrolling in a community college if you have to get an associate’s degree for your needed skills.
Additionally, you can visit Unmudl for quick relevant courses that offer certificates you may list on your CV to increase your value when looking for jobs.
Here is a list of 7 short courses that can help you start rewarding careers.
Having some practical experience would be quite helpful when you change careers. There are many ways to gain real-world experience before starting your first job.
We have listed some practical ways for you to get relevant experience.
At the current job:
In your free time you have several options:
Learn as much as you can from experts in your new industry if you want to advance swiftly.
Remember that the internet is a terrific tool for finding experts and thought leaders who can provide first-hand advice about breaking into a field.
If you don't personally know anyone who could serve as a mentor, look for groups on social media sites that you may join to post queries and learn from others' experiences.
Photographers have their own lingo or jargon as does any industry. Watch out for specific words and phrases that are frequently used in job advertisements and on corporate websites in the industry you wish to get into.
Speaking their language will demonstrate to companies that you have done your homework and have a solid basic understanding of their business when you apply for jobs or attend interviews.
One of the best ways to expedite your career change is to build a strong CV. Avoid generalizations, be specific, and weave your personal narrative across the entire document.
Remember, you consciously chose to switch careers because you were passionate about this new job. Show that by telling your story in a concise but impactful way.
You can also go through one of our most popular guides on career change. It focuses specifically on helping you figure out what you want if you are unsure of what to do.
A very important part of changing careers at 40 is to believe in yourself. Most people are afraid to switch careers because they feel they will have a disadvantage when they try to get into a new field at 40 years of age.
In fact, being 40 there are several key advantages that you have over your younger competitors.
We sincerely hope that our article about changing careers at forty has motivated you to take action.
You can switch to your desired career by following our step-by-step guide above. Remember that you have transferable skills and what you don’t have can easily be acquired through a certificate course.
In case it can’t you can always go back to school and get a degree with evening classes.
It won't happen quickly. Remember that experience and age can be a definite benefit on the job market, so take pride in the efforts you've done to get here and have faith in the information and abilities you currently possess.
Finally, build a strong resume that highlights your strengths, transferable skills, and passion while building a strong consistent narrative that tells your story throughout the application process from the cover letter to the interview. We wish you the best of luck with your new career!