Infographic: How to Navigate a Career Change at Any Age

Share via
How to Navigate a Career Change at Any Age

Life throws us a lot of curve balls that encourage us to make changes. A new baby in the family, a sudden move, or the feeling of wanting something more can all motivate us to take a big leap. For example, a career change, especially when you’re mid-career, can seem especially daunting if you’ve followed the same path for a long time. However, change may be necessary if you’re experiencing some red flags at your current job and realize your situation is negatively affecting you and your loved ones.

Like any major change, there are a series of steps you’ll need to take before you can transition over to your dream job. The first major step you should take is to do your research and define what exactly you want. Do you want to a position that allows you to travel? Do you have a dream startup you’ve always wanted to work for?

Narrowing down what exactly you want out of this change is an important first step. Other steps you should follow to prepare you for the job itself include networking, updating your resume and learning new skills as necessary.

These are all factors that are exciting and probably thing you already have on your mind. However, these are only a handful of things you must consider when switching careers. For example, have you taken into account how long it will take to find and get settled into a new career?

Depending on what your plan is, the job search can take several months. This is one of the many reasons why it’s important to have another stream of income or an emergency fund set aside to ensure you and your loved ones are financially sound during this process. Additional circumstances that may change during your job search is your insurance and retirement funds.

Credit.com put together this infographic to guide you through the different steps you’ll need to keep in mind when changing careers at any age. Their visual guide includes aspects that are easily overlooked during a career change. Take a look below to see how you can prepare for this major change.

financially prepare for career change infographic

Share via
TheSelfEmployed.com is a Web portal for all things self-employed. The site aims to be your one-stop-shop for everything you need to know to have a fun and successful entrepreneurial journey. At the site, you will find relevant articles, how-to videos, podcasts, and special offers that are all designed specifically for the self-employed.