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Old Yesterday, 08:56 PM   #1
Brew
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When is it too late?

I'm right smack in the middle of my 50s and I'm about to change my career for the third time. I practiced law for a decade, then did/managed deals for a big computer/services company for 20+ years. I'm about to start a new role as a "risk manager" for a large consulting firm working with its deal teams, and I'm more excited about work than I've been in a long long time. Although retirement was a consideration, I'm just not ready.

Has anybody else made a late-career change like this? Any recommendations? I'd appreciate your thoughts!
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Old Yesterday, 09:35 PM   #2
1William
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Good luck.
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Old Yesterday, 09:51 PM   #3
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I have not Larry, but Iím interested to hear some replies here.

Iím one of those anomalies .... graduated college went to work for one company and still there 32 years later I had a small business of of my own along the way as a distraction but never saw the need to leave my current job. I guess I got comfortable...

Changing careers at this late stage is a lot to think about for me, but I admire you for having done so and I wish you all the very best
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Old Yesterday, 10:41 PM   #4
enjoythemusic
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Personally, have 'reinvented' myself many times during my life. You being excited about this new change as "risk manager" is, imho, one of the keys to happiness. Getting out of a 'comfort zone' and making a change to something that excites you is moving forward within life.

Personally... In fact am [strikethrough]working towards[/strikethrough] challenging myself by circling back to being musician-minded. Am also in my mid-50s and fel it is time to get back to something i've always loved, yet dropped off the map during my late teens as... life is what happens while you're busy making other plans.

It is great your excited about this change. Life evolves, the world changes, and changing with it in a positive manner brings about newfound joys and life experiences. As always, in the end what really matters is that you...

Enjoy your time.
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Old Yesterday, 11:11 PM   #5
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I still have no idea what I want to do when I grow up. I spend a decade in the military and thought that was going to be the "end all be all" career, but for personal reasons I made the discernment to get out. i then jumped into preparations for another career but found that was not for me at all, and left after a year.
I am now in a contracting/consulting business that has done well for me, but I am tired of the lifestyle and I would like something that keeps me in the states more, since being gone for two months at a time isn't the greatest. I wish I had better advice to give, but I was told that you should love your life and your job should be an extension of that.

I am excited about your change in career and the fact that you are excited to go to work speaks volumes; I really think a job should be a joy and not just source of income. I am looking forward to hearing how this job is and how you're enjoying it.
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Old Yesterday, 11:57 PM   #6
Brew
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I appreciate the feedback. I know it's never too late, but it sure feels overwhelming every now and again!
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Old Today, 12:51 AM   #7
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I'm in the early stages of my career so I've got no useful advice to offer. I just wanted to wish you all the best with this new endeavor and I'm sure you'll do very well at it! It always helps when you truly enjoy what you do and have the ability to get excited about it.
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Old Today, 01:20 AM   #8
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Quote:
Originally Posted by Brew View Post
...and I'm more excited about work than I've been in a long long time.
This answers your question right here.

Go for it.

Have fun. The beauty of working because you're excited and not because you have to, gives you a entirely different perspective than most people.
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Old Today, 01:46 AM   #9
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Good for you.

Never too late. Especially because it sounds like you don’t “need” the money.

Enjoy the day. Enjoy the moments. They are all we have.
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Old Today, 02:40 AM   #10
Brew
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Quote:
Originally Posted by JayHantz View Post
I still have no idea what I want to do when I grow up.
I've said this for years. So far, it's been the path of least resistance, frankly. One more divergence before the dog track, I guess. lol.
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Old Today, 02:42 AM   #11
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I spent the last 25 years of my life in the automotive dealer setting and was running 2 stores. Iím 48. Itís the only thing I know. I thought Iíd retire from that industry. An opportunity came along in a completely different industry. I took the opportunity. So far so good. I never thought Iíd leave the automotive industry. I feel refreshed. Maybe a was stale...go for it!


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Old Today, 02:44 AM   #12
Brew
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I spent the last 25 years of my life in the automotive dealer setting and was running 2 stores. Iím 48. Itís the only thing I know. I thought Iíd retire from that industry. An opportunity came along in a completely different industry. I took the opportunity. So far so good. I never thought Iíd leave the automotive industry. I feel refreshed. Maybe a was stale...go for it!


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This is great to hear. There's hope!
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Old Today, 08:20 AM   #13
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After 10 years of being a reinsurance lawyer, switched careers and went to negotiating contracts for sales of medical devices. So, not only did I change industries, but went from the legal to commercial side of the business. Did the switch in my early 40s, no regrets since. May not be identified as a “late career” change, but my advice to you remains the same: stay positive, and keep an open mind. Switching careers is not easy, because everything changes. New colleagues, new office culture and environment, new concepts and a business to learn, but stay the course. It’s worth it.
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Old Today, 08:27 AM   #14
Brew
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Originally Posted by The Libertine View Post
After 10 years of being a reinsurance lawyer, switched careers and went to negotiating contracts for sales of medical devices. So, not only did I change industries, but went from the legal to commercial side of the business. Did the switch in my early 40s, no regrets since. May not be identified as a ďlate careerĒ change, but my advice to you remains the same: stay positive, and keep an open mind. Switching careers is not easy, because everything changes. New colleagues, new office culture and environment, new concepts and a business to learn, but stay the course. Itís worth it.
More good news, and thanks for the advice. I'm glad the change worked out for you, Mike.
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Old Today, 09:02 AM   #15
swils8610
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Mine caught me off guard. The first time I met with the employer I was in. It took several weeks to to iron out the details. Many family members including my wife were in disbelief. I feel refreshed and re-energized. Iím out of my comfort zone and overwhelmed at times, but I know I can the job done.


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Old Today, 09:21 AM   #16
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As long as you enjoy what you are doing

The one consistent think I have heard from retirees is ďdonít retire purely as a financial decisionĒ just because you can doesnít mean you should.

In other words when itís time for you to stop working, youíll know.

Best of luck.
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Old Today, 09:36 AM   #17
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As a younger man I cannot offer advice to you Larry but wish you the best in this new adventure. What I have found, as I am sure you have too, is that life feels like floating down river and trying to dodge the rocks lol

Those that can adapt are best fit for success.
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Old Today, 09:54 AM   #18
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The fact that you are so excited and looking forward to this leads me to think it is not too late by any stretch of the imagination.

Trust your gut Larry. It's telling you that you want this and that you can cut it.

Kit butt and take names.
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Old Today, 09:57 AM   #19
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When is it too late - you’re the risk manager - you tell us!
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