Career advice for over 50s please?
Watch this postAny advice for an over 50 looking to start a new career?
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Although Cameron passed legislation outlawing age discrimination in the work place, companies underwriting Employer Liability policies made only a small change in response. If an employer wants to hire someone over 60 then the underwriter hikes the premium very substantially.
That means in practice very few jobs for over 60's and so many are part time.
Just another example of ill thought out government policies.
My own situation, living in very rural spot, was utterly impossible. My wife has MS and can't be left alone for long; and there was just no work on farms anymore due to 'improvements' in agricultural machinery meaning one man may farm 1100 hectares on his own! I took retirement as soon as I could and in view of the fact I can't often leave the house alone, am working on a couple of selling website to generate a little more income.
Not much of an answer I know, but it's all that was left to me.
Good luck and happy hunting!
My name is Colin and I need some help and advice. I have spent over 4o years in financial services an industry that has changed dramatically. At 59 I need a career change. I also am returning to the UK after 5 years of running businesses overseas. Can anyone offer me some constructive support?
Yet, if it looks bad here my European correspondents tell me it's far worse there. As for the States, well, it's worse still. There's just too many people chasing too few jobs.
In your place I would find a good place to live abroad and be a barman or driver or something simple. Take the heat out of life before life takes the life out of you.
Me? I retired 18 months ago. Not what I wanted but it is the first time in 45 years I've had time to sit and read, think and just be me. Not so bad.
I am expecting some young people from abroad who need to improve their English, they view it as a working holiday!
It is easy to finance because under present regulations, you don't have to pay back your loan until your income reaches a certain level. Details on the government website.
Become engaged with education!
I am a distributor with an eco-friendly online shopping company. You are your own boss, work when you want and in my case in a rewarding industry.
There are lots of these types of companies about and if you put in the effort you can get a very decent income in the short and long term, especially good for that future retirement plan!
Let me know if you want any more advice.
ken
Have you considered starting an online business? I'm currently learning about affiliate marketing online and it's very interesting. You don't need to be technical and you can choose topics you really like or are knowledgeable about. Yes it does mean having a website but you can build one for free in no time now. It's not a process to quick riches but with some input early on it can earn well. You can do it all from home and part or full time and there are no age barriers to contend with either.
If you'd like any information, let me know.
Cheers, Steve.
I have experience in project management in the property development sector.