Don't change careers just yet
Even veteran workers daydream about career switcheroos, said Ben Levisohn in BusinessWeek. Yet without proper planning, a late-career move could upend your life with little time to recover before retirement. Your finances will take a hit, and you may be competing with much younger people for jobs. To stack the odds in your favor, learn what the new gig’s really all about. Chat with experts, volunteer, even try moonlighting. And be sure you have enough money in the bank. “Starting a new career is never cheap.”
Going back to school is one way to get your foot in the door, said Marty Nemko in Kiplinger’s Personal Finance. “If you want to be a brain surgeon, there’s no avoiding the halls of academe.” But for most career paths, it makes more sense to bypass the expensive graduate degree. “Many people consider a degree to be a magic pill, but in fact, its side effects often outweigh its benefits.” Instead, put your efforts into getting a real-world education. For example, you could work as an apprentice in the field you’re curious about. Attend conferences, and study up on your own. Money saved on tuition is just as good as money earned.
THE WEEK'S AUDIOPHILE PODCASTS: LISTEN SMARTER
MOST POPULAR ON THE WEEK
- After Ferguson: Stop deferring to the cops
- 43 TV shows to watch in 2014
- How to adopt the perfect rescue dog
- Ferguson riots were terrible — but this racist reaction was worse
- The hilarious hypocrisy of Republicans complaining about the imperial presidency
- How to be the most productive person in your office — and still get home by 5:30 p.m.
- In Ferguson, Michael Brown lost his life — and America's police lost the benefit of the doubt
- Why the poor can't catch a break on Thanksgiving
- The lessons of Japan's latest recession
- The real story behind Deliver Us From Evil
Subscribe to the Week