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Financial Planning

Overcoming Obstacles To A Career Switch

It is always challenging to consider a huge change in your life, and there may be many reasons why you think changing careers is not possible. Here are some common obstacles with tips on how to overcome them:

It is too much work to change careers. Where would I even begin?

Changing careers does require a substantial time investment. However, remember that it does not happen all at once. If you sit down and map out a rough plan of attack, breaking down larger tasks into smaller ones, it is a lot more manageable than you think. And if the payoff is a happier, more successful career, it is worth it.

I am too old to change careers. I need to stay where I am.

If you have worked for several years, you may feel that you have put too much time and effort into your career to change midstream. Or you may be concerned about retirement and health benefits. However, the more you have worked, the more likely you are to have skills that can transfer to a new career. Even if you are close to receiving a pension or other benefits, you can start to plan now for a career transition after retirement.

I do not have enough skills to consider a new career.

You may be unaware of the skills you have, or low self-esteem may lead you to underestimate your marketability. Either way, you probably have more skills than you think. Consider skills you have learned not only from your job but also from hobbies, volunteering, or other life experiences. And gaining skills is not an all-or-nothing proposition. You can volunteer once a week or take a night class to move forward, for example, without quitting your current job.

In this economy, I am lucky to have a job. I do not want to rock the boat.

In today's climate, it might feel like too much of a risk to consider changing careers. However, if you are unhappy in your current job, researching other options will only benefit you in the long run. You may discover a career with a more stable long-term outlook than your current career, for example. And you do not have to quit your current job until you are confident of your new career path.

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