A GOLDEN OPPORTUNITY IN YOUR GOLDEN YEARS 3 TIPS FOR CHANGING CAREERS LATER IN LIFE
SEEK GUIDANCE
It’s 6 a.m. on Monday morning, and your alarm clock blares in your face. You groan and, with the thought of another week looming over you, pull yourself out of bed. But the early wake-up call is the least of your worries. Another week has begun, and you’re still stuck in a job that you no longer love or maybe never did. Does this sound familiar? If so, you may believe changing careers isn’t worth the hassle, especially if you’re close to retirement, but here’s the secret: It’s not too late! There’s nothing stopping you from finding a career you love later in life. Here are three tips to get you started.
it’s like. Job searching can be exhausting, and some job requirements can look overwhelming. But getting stuck in your ways and focusing on the things you cannot do will only hinder your ability to find a job you actually love. Instead, take a deep breath and be open to what comes. You may discover a hidden talent or passion! Money matters, but it shouldn’t be your first priority on the job hunt. Instead, consider what’s going to make you the happiest. What’s your dream job? What have you always enjoyed doing? If money wasn’t an option, what would you be doing right now instead of counting down the hours to 5 p.m.? Be realistic in your goals and find something you love. FORGET THE MONEY
Remember, you’re not alone in this fight! Plenty of people switch careers midway through their lives to focus on something they really enjoy. Seek guidance from those who have had a similar experience and look to professional job hunters or consultants for help. Furthermore, after years in the same job or industry, you’re bound to have made a few connections. Reach out for professional support. Regardless of what path you choose, remember that a career you enjoy is always possible. We can’t promise that you’ll love getting up at 6 a.m., but at least you won’t dread what comes next.
BE FLEXIBLE
If it’s been a while since you’ve hunted for a job, then you may have forgotten what
THINKING AHEAD SAVING FOR COLLEGE AND THE FUTURE
Retirement is the start of your golden years. It’s all about enjoying some much-deserved relaxation and soaking up every moment you can. But it’s also a great time to consider your family’s future. Many parents and grandparents want to provide their children and grandchildren with more opportunities, and one of the many ways to do that is to save for their future. In this age of rising tuition
grandchildren’s futures — regardless of whether it’s for college or not — can be the best choice. Our team can help you establish parameters for spending and access to the trust to protect your money for its intended use. You can also place someone in charge of the trust, who will then be able to make determinations based on your family’s needs. College is a great option for many young adults, but there are those who choose to enter the career field after high school. This is still a viable option, and the creation of a trust helps protect and serve your family without the limitations of a 529 plan. However, 529 plans also offer tax-free incentives that may be the best option for your family. The bottom line is that saving for your children and grandchildren’s futures can be very simple, and you don’t have to save a small fortune to make it beneficial. There are options that will be the best fit for your family — and our team can help you find it. Give our team a call to get started.
costs, a plan for higher-education savings can be one of the best gifts you give your family.
A simple way to save for your family’s future is through a Section 529 Educational Savings Plan. The biggest benefit of a 529 plan is that it grows tax-free, and your grandchildren can use the money without getting taxed if the contributions go toward higher education costs. If the money is used for other costs, it does incur a small tax. This makes 529 plans ideal for smaller contributions and savings.
If you’re planning to save quite a chunk of change, a trust designed to put money aside for your children and
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