So many Baby Boomers do not see the nest egg building or the beach house they had imagined at the age of 65. They intend to work into their Golden Years. Some just don’t have options. If unemployed at 55 or 60 or looking to advance your career, what is it going to take?
Health is the number one factor. Employers need to see that you still can put in a strong work week and they also need to see that you are emotionally ready to do so. Jobs that are labor intensive are jobs you need to stay away from. Career planners recommend seniors to use their consulting skills and home-based businesses that employ more artistic passions.
Skills need to be current. Increase your knowledge by attending classes, conferences and stay abreast of the latest technology. Don’t fall behind in aged thinking; painting yourself in the wrong corner.
Establish relationships with those younger and more experienced that can offer new skills to your resume. Just because of age and your knowledge of what worked in the past, does not mean it will work today. Respect and network with professionals that are making a difference. They, in turn, will recommend you for your zest in learning.
Research companies that tend to employ older workers or continue to network in a field that lends itself to older workers. Senior health care, living, retirement is one area you should explore. Do utilize what you know that will help others. Non profit organizations is a good choice to explore.
If you plan to quit your current job, test out a new field part-time or volunteering. Sometimes one move after another doesn’t allow you time to build when it comes to insurance and benefits. You have to weigh the options since everyone’s financial situation is different. There has been a broad cutback in company retirement plans that include reduced pensions and scaled back 401k contributions.
And, if you’re collecting Social Security payments before full retirement age and you earn more than a certain figure, your payments can be reduced so it is important to check with the department and understand what you can earn.
Life long labor is not as uncommon as some may believe and unfortunately, employers do look at longevity and skyrocketing insurance costs. But employers still look for the work ethic that comes with 65+, the strong ability to build others and work in a team which Baby Boomers tend to do well.
Institutional knowledge with accomplishments concerning industry changes are a great addition to the older workers resume.