The generation of baby boomers covers a wide range demographic. The oldest baby boomers are turning 62 and have reached an age which thought their parents to retire. The youngest are in their early 40s and hit the peak of their career. Some boomers are extremely rich while others struggle.
The only major common denominator is their approach to SDT of their professional lives. For a segment important of them, this now means from a whole new career following his retirement from existing quarries. Some are leaving or retiring from Executive to lead nonprofit organizations or the Government of well-paying jobs. Some are going into business for themselves, buy franchises or try to convert a hobby or a passion in an effort for fee, while others seek a change of course or research positions of consultancy in their own areas.
Many of these changes of employment are motivated by the need to find more meaning in their lives, to give back to society, altruism. A non-negligible number of baby boomers took a big pay cut and opted for a much more physically demanding job, often involving heavy travel. But, they are happy. These new lower pay to non profit, public sector or Government jobs are a way for those converting find more personal satisfaction.
In the traditional way of thinking, to make a career change, at any time in life, is to find a new or different job. For some of the generation of baby boomers however, with the founders of massive conglomerates, such as Bill Gates and Michael Dell among them, it seems to be a different path of choice. They seem to prefer the creation of a job for themselves, to their own specifications, by launching a new business. In the intervening years, reassess their way of life as people who do to take care of itself, manage too little sleep and almost never exercise. This has led many of them to start their own businesses.
Although many of them agree that the transition of a task well defined to be the person responsible for everything, ideas, marketing, sales and balance the books, adds stress, is that for a short period. Working for them is a great way to feel alive and knowing that they are doing something that matters. The change of career, is that to make money and they are hunted by a feeling of having done the same for too long.
Some of these changes in employment, unfortunately, begin with a convocation of a meeting of HR which suggests the unemployment rate coming to them. Many companies are actual white collar employees and permanent removal of people from organizations comes suddenly. Good and bad times, it came to be a standard management practice. Statistics say that, since the 1980s, more than 30 million workers were laid off, and a large majority of them is baby boomers.
Some of these boomers treat these redundancies by turning their passions in career. Some choose to earn an MBA or continue their studies in another way, to increase the current market value of their skills. With the lengthening of the life expectancy and of pension plans more traditional drying up, they need new careers keep them going for many years to come.
? Anna 2008 d. Banks, GCDF
Anna d. Banks, an ardent defender of the baby boomers by exploring their priorities, planning and establish objectives for the next stage of their lives. Help clients attract and build a professional and personal life consistent with their values is not only a goal to Anna, it is his passion. Her work experience in business, education and financial services-diversified lets him help the diverse population of baby boomers with their life, their career and personal finance, training needs. Anna is currently faculty Professor at Essex County College, where she teaches management & career development.
Author’s note: You have questions concerning career development, or changes in lifestyle for Baby Boomers, who you think than others, like you, would not want the answer? Please put a post on http://babyboomer-retirement-tips.blogspot.com or send your questions to me at Anna@AnnaBanks.com.