career

How to make a midlife career change

Time your midlife career change well
Time your midlife career change well © wavebreakmedia/Shutterstock.com

First, though, take emotions off the table.

If you are going through a divorce or have recently been passed over for a promotion, now is not the time to make a change, Goodwin says, noting mental focus is imperative.

While still collecting a steady paycheck, she says, complete any certifications or coursework you'll need to reposition yourself in the job market, as Trenouth did, thus minimizing an employment gap.

Take advantage, too, of leadership opportunities and training classes available within your company that may help bolster your resume for future employers.

"It's irresponsible to just quit your job," Goodwin says. "You want to leave on your own terms.

"If you just got let go," she adds, "find some other way to pay the mortgage first, and then pursue a career change."

advertisement

Show Bankrate's community sharing policy
          Connect with us
REFINANCE HOME EQUITY AUTO CDs CREDIT CARDS
Product Rate Change Last week
30 year fixed refi 4.04%  0.01 4.05%
15 year fixed refi 3.17%  0.06 3.11%
10 year fixed refi 3.22%  0.05 3.17%
 
View Rates in your area Next
Product Rate Change Last week
30K FICO-based HELOC 4.33%  0.01 4.32%
50K FICO-based HELOC 4.06% --0.00 4.06%
100K FICO-based HELOC 3.92% --0.00 3.92%
 
View Rates in your area Next
Product Rate Change Last week
60 month used car loan 2.81% --0.00 2.81%
48 month used car loan 3.03%  0.01 3.04%
60 month new car loan 3.25%  0.01 3.24%
 
View Rates in your area Next
Product Rate Change Last week
1 Year CD 1.00% --0.01 0.99%
2 Year CD 1.20%  0.01 1.19%
5 Year CD 1.85% --0.01 1.84%
 
View Rates in your area Next
Product Rate Change Last week
Balance Transfer Cards 15.73% --0.00 15.73%
Cash Back Cards 16.43% --0.00 16.43%
Low Interest Cards 10.98% --0.00 10.98%
 
Next
advertisement
FRUGAL NEWSLETTER

Discover new ways to cut costs and save more every day. Reduce your spending, not life’s pleasures. Delivered weekly.

advertisement
Partner Center
advertisement

Connect with us