5. You understand that age isn’t a barrier
Sometimes people avoid changing careers because they’re afraid they’re too old to master a new profession. Corsetti says there are plenty of examples of people who’ve successfully taken on new careers after age 50.
“Look at the ages of successful people who didn’t start until later in life,” she says. “Louise Hay didn’t write her first book until she was over 50, and Hay House is now a huge publishing house.”
She notes that entrepreneur Harland David Sanders, better known as Colonel Sanders, didn’t find success with his Kentucky Fried Chicken franchises until he was in his 60s.
6. You can afford to follow your passion
People in their 50s often have saved enough money to start a business of their own, or to return to school and learn new career skills.
If your home is paid for and your children have finished their schooling, you may have the funds to pursue a career you’re passionate about, says Weiler. After age 50, she says, many people are in a position to “do something meaningful for themselves.”
7. You want to work for the best boss ever: yourself
People who have labored under close supervision for decades often enjoy working for themselves. They can set their own hours and choose their own assignments.
There are a variety of self-employment opportunities for people over 50. You may not get the same benefits as you would working for someone else, but you’ll gain the freedom to set your own hours and choose your clients. Just make sure you pick a profession that matches your skills.
Self-employment can give you a renewed sense of purpose, as well as the flexibility to set your own schedule, says Weiler.
Have you changed careers after age 50? If so, how did it work out for you? Share your experience or thoughts with us by commenting below or on our Facebook page.