Making a career change after the age of 50 might seem like a scary concept. However, there are several job sectors that value the skills and experience a more mature person brings. Starting a new career doesn't have to be as stressful as it seems; many people over the age of 50 have acquired skills that are easily transferred to another job market.
A financial adviser is an excellent possibility for someone over the age of 50 contemplating a career change. According to Money.cnn.com, as of July 2010, the median pay for a financial adviser is $66,000 and the projected job growth over the next 10 years is 12 percent. A bachelor's degree in finance or a related field is usually required to work as a financial adviser. Licenses are also required to sell securities.
Teaching is another excellent career opportunity for someone over the age of 50. Schools value the skills and wisdom an experienced person brings into the classroom. Science and math teachers are always in high demand. Although becoming a teacher will likely require some retraining, there are several alternative certification programs available, some aimed specifically at older workers. These can help speed up the process and cover some of the costs. Money.cnn.com states that the median pay for teachers as of July 2010 is $47,500 with a projected job growth of 14 percent over the next 10 years.
Medical Billing and Coding
Medical billing and coding is a lucrative career for anyone but offers some advantages for people aged 50 or above. Medical billing and coding specialists usually work for a physician or health care provider. They are responsible for assigning the correct codes to medical bills to insure the patient is charged the correct amount. Medical billing and coding would be a good choice for anyone with clerical experience. Anyone with Internet access could, in time, perform this work from home. Generally, a two-year associate's degree is required, however some firms offer their own in-house training. The median pay for medical billing and coding specialists ass of July 2010 was $38,800 with a projected job growth of 29 percent over the next 10 years.