Want to Change Careers Employment Tips for the 40+ Jobseeker

Making a career change at (or after) 40 is a big step to take. It involves significant life changes like a possible lower income, a drop in seniority, and more training. It can be daunting initially — perhaps more so than undertaking a career change at an earlier age. 

Shifting jobs can become more challenging the older you get. You tend to be more set in your ways and less flexible towards new circumstances. Because of this, it is necessary to prepare yourself for the career change before taking the great leap. How? Start by asking yourself the crucial career change questions. Answering these will help you create a realistic plan of action as you reflect on your career aspirations as a 40+ jobseeker.

Career change at 40 and above? Here are questions to ask yourself

What are my motivations to change careers?

You have to identify why you want to make a career change. Since changing careers at 40 is not a typical choice, employers may question your move during the interview process.

It would be best if you reflected long and hard on your key motivations behind pursuing a new career path. Knowing what drives your career ambitions will give you an added confidence boost and a sense of purpose. It will also help you make a favourable impression on potential employers.

Does this career shift fit my passion and purpose in life?

As your career advances, your goals may shift too. When wanting to make a career change at 40, you will need to re-evaluate your goals. It is essential to ask yourself what you want to achieve and how you will achieve them.

Determine your short-term and long-term goals. Break them down into achievable tasks. Remember to make your plans specific, measurable, and actionable. With concrete goals set, you can have an easier time defining your purpose career-wise.

What are the pros and cons of my career change? 

Weigh the pros and cons of your career change decision. No career path is perfect. Unique challenges will always present themselves as you transition from one career to another. With this said, it is always worth considering what you would potentially be losing out on by switching things up.

Creating a list of pros and cons will give you a clearer vision of potential challenges and opportunities that come with a career change. Reflect on your list and consider which items are most meaningful to you. If you can rank your priorities, then even better. With a clear set of preferences, you will find the best path for you.

What can I do now to minimise potential struggles?

The decision to make a career change at 40 is a different ball game. You will need to look beyond the immediate future and keep the big picture in mind. Ask yourself what could happen if things do not go exactly to plan. 

Utilise your pros and cons list to thoroughly define if a career change is feasible for you. You will need to prepare yourself and outline potential hurdles. This step requires foresight and planning.

Do I have enough savings set aside?

Switching your career path might involve taking a pay cut or accepting a downgraded benefits package in the short term. It could also impact your retirement plans. You need to assess your resources and obligations before taking the leap.

Set aside a nest egg as a buffer to safeguard yourself against financial setbacks. You need enough money to cover your living expenses throughout your training and job search. Having a financial cushion ensures that you can pursue your new career without any added financial stress.

Are my skills still relevant to the current job market?

If you want to combat ageism, you must prove that you are just as relevant as any jobseeker. Catch up on the latest tech and trends relevant to your target career path. It is up to you to prove that you are every bit as modern and tech-savvy as the younger generation.

At 40, you will likely be older than most jobseekers who are just starting to develop their soft skills. So what can you do to compete? Consider entering an internship to test the waters of your new career. You can even opt for an online course so you can also freshen up your skills. The value of your experience and skills give you an edge in the competitive market. 

Do I need more training for this career change?

This is one of the most critical career change questions there is. You will need to expand your knowledge, polish your skills, and boost your portfolio. Keeping your skills up-to-date will help you beat the age barrier so you can compete with younger applicants. 

Do not limit yourself to what you have done in your previous jobs, though those abilities are important too. That said, it is all the more reason to embrace change. It keeps you on your toes and keeps you from getting too complacent and comfortable.

Do I have the support system to guide me in this career change?

Do not be afraid to ask for help when you need it. This is the time to reach out to your professional and social network. It would be best to get the word out that you are looking to change careers.

Ask for personal recommendations for jobs that fit your criteria. Consult your peers for advice if they have experience in the field you want to enter. You might be amazed how far your social and professional circle extends.

How do I attract a potential employer's attention?

Most employers prefer to hire highly motivated individuals who learn quickly and provide them with skills suitable for the job. Confidence is even more important for mature candidates, considering the competition you are up against. After all, how can you expect the employer to believe in you if you do not believe in yourself?

While you may be nervous about the prospects of being sized up against the more vibrant and energetic 20-something candidates, take comfort in the fact that you have just as much to offer as your younger counterparts. It is just a matter of selling yourself the right way.

What are potential jobs for someone who wants a career change at 40?

Several fields are still available for professionals seeking a career change over 40. Employers value experience — it is a powerful differentiator in the hiring process. There are many jobs where a seasoned professional can handle the responsibilities with relative ease.

Some professions — like roles in real estate, insurance, and consultancy — offer several job opportunities for someone over 40. Freelancing work is also an option if you still want to test the waters of a new industry. Familiarise yourself as much as you can with your target field.

Embracing a career change in your 40s can be challenging, but people do it every day. Go for it. Life is too short for what-ifs.

It is never too late to start a new career in your 40s. JobStreet can help you find something that fits your passion and purpose. Update your JobStreet profile today to get you started. You can also visit the Career Resources Hub to get more insight on the latest job trends and opportunities.