Boomers are sending a signal to the new economy: we aren't 'moving over' to cede our careers to younger generations. Retirement at 65 is either unaffordable or irrelevant to a generation that either must keep working to survive, and/or wants to keep working to serve a meaningful and purposeful life.
Boomers with the assets and support to retire comfortably represent a smaller and smaller segment of the aging population in our country. Hammered by the Great Recession, reduced pension plans, rising healthcare costs, corporate downsizing, as well as by ageism and reduced opportunities for employment, boomers are going to be increasingly squeezed financially.
Retirement is a transition that's generally filled with mixed emotions. You may feel like you've finally reached your professional stride and still have many productive years left, but the human resources department is suggesting you take a "less-demanding" position based on the results of your annual physical and length of time with the company.
Today's job search is a difficult process. If you're currently out there looking for work, you know the roadblocks, frustrations and daily grind involved in finding a new position. Plus, if you're over 50, you have additional hurdles to overcome. Age bias is real and all too prevalent in the job market. Nevertheless...
Career reinventions in and past mid-life are successful when they reflect authentic passions, commitments, concerns and issues. At this point in our lives and careers, we need to acknowledge who we are, what we're good at, and what kind of legacy we want to leave. But this does not mean that we have to necessarily turn our backs on our current careers.
Jim Milligan might well be considered the Howard Schultz of olive oil. Like Schultz, the CEO of Starbucks, it was on his business trips to Europe, and Italy in particular, that Milligan became enraptured by the quality and variety of extra virgin olive oils and balsamic vinegars, and the practice of offering customers the option of combining and tasting the products as both sales incentive and education. His career reinvention has been a successful pivot to that vision.
For Boomers who have spent their career mostly in one or two jobs within the same industry, the prospect of flipping to a new career after so many years can be beyond daunting. It is inspiring when we discover Boomer compatriots who demonstrate that setting an intention, coupled with a sense of purpose, can make career reinvention a relatively smooth process.
When we think 'reinvention,' we tend to panic at the enormity of that prospect. Maybe we've been downsized from a job that we've held for a long time, or (less stressful) we realize it is time to move on and we know we need to find something else, or maybe our retirement savings won't be providing what we had hoped for, and we need to keep working.
You have been called in for a job interview... You've studied the position description and have created several examples highlighting ways you've made a positive impact using the skills required in the posting. You've also prepared focused responses that feature your knowledge of the company. Yet there are three basic interview questions that can really trip you up.
Anyone conducting a job search today knows that you'll need to be as visible as possible--both through your personal network and your online presence. Close to 100% of employers and recruiters are now turning to sites liked LinkedIn and Facebook to source candidates, check out their skills and vet them as to their suitability for the job.
Want to find work fast? Even more, do you want to land a position that pays well and you will actually enjoy? You're likely thinking that achieving the above is next to impossible. After all, older job-seekers hear more than their share of discouraging news. But the statistics cited in these pieces are generalities. In truth, there's a lot you can do to maximize your own chances for success.