BOOMERS PLAN ENCORE CAREER TRANSITIONS DESPITE TOUGH ECONOMY
According to a recent study, “Encore Career Choices: Purpose, Passion and a Paycheck in a Tough Economy,” Boomers have tempered their expectations, while at the same time retaining their unwillingness to give up on efforts to create a better world for succeeding generations. The survey was commissioned by Civic Ventures supported by the MetLife Foundation and conducted by Penn Schoen Berland. They surveyed Americans ages 44 to 70.
Here are a few key findings. To see more…
- The number of people in encore careers for the greater good is up, from 8.4 million in 2008 to 9 million in 2011.
- 40% of the 100 million Americans ages 44 to 70 are either in or interested in encore careers
- Half of the group surveyed says they are very concerned that the state of the economy makes this a difficult time to change careers. However, 25% of those interested in encore careers say they are likely to make the switch in the next 5 years.
- 73% of respondents are concerned that future generations of children will grow up to be worse off than people are now. And 70% say it is very important to them personally to leave the world a better place.
Do these findings resonate with you?
Would you be interested in joining a group to plan out your transition to your next career?
I can lead you to resources.
Phyllis Weiss Haserot www.pdcounsel.com