Are You One of the 40 Million?

How are you strategizing the next few weeks of more work than time?  Do the daily meetings interfere with achieving your goals and confining you?  Is there an active daydream to escape with a hike in the mountains or walk on the beach calling you?

Are you procrastinating planning this year’s vacation because of a workflow announcement or early retirement may be around the corner? Yet, it feels like the last vacation was a long time ago. Have you been on the job forever? This year, the Bureau of Labor Statistics (BLS) data, identified the number of employees quitting will double to 40 Million.

The number of quitters from October 2018 is 40 Million, compared to 22 Million back in 2010.

The quitting reasons vary from double the number of jobs available, greater pay, to low unemployment.  Boomers comprise 19% of the quitting group, while 25% of Generation X is quitting and 51% of Millennials are quitting. Retirement statistics weren’t included in this data.

Are you in the Boomer group that’s been in your career for the past 15+ years and are walking gingerly until you can say, I’m retiring! Are you courageous enough to take the leap for another opportunity when you’re close to early retirement?

The truth is Boomers will have two careers thresholds.

Earlier BLS career projections stated Boomers would make seven job changes in their career.

If you are one of the consistent and steady Boomers in the same career you started after college, Congratulations! You are in a minority.  People who exit their jobs have changed jobs as a result of company changes. You know the drill, corporations want to improve their results, that means reducing their expenses, and employees become a statistic. You find yourself questioning do I stay in the expanding career lane, find a smaller company to work for until it’s time to retire, or do you upgrade skill, or reskill, and look for something else. It’s forcing the question toward your second career.

Are you excited about a second career? The first career followed after college, raising your family and the second, the 20 plus years after the empty nesting and keeping yourself active in a venture that you both enjoy, and continue to be fulfilled. It’s different from the retirement path of enjoying the first six months of exiting your first career until you figure out the lifestyle is different than you expected and you want MORE.  Sound familiar?

It’s enough to suffer a health scare or health complication from not knowing how to handle job stress and lessons learned in the first career. Now you have to think of another career. That’s right, another career that will last 20 years or more. You can call it your next calling, encore or retirement, but the truth is as you approach your late 50’s and early 60’s if you’ve maintained your health, and changed your lifestyle to be more fit, you have more energy. You want to contribute in a bigger way, possibly even giving back. When you conclude you’re ready for another chapter, it’s career #2.  As a result of living longer than any other generation, how will you fill the second 20-30 years in a second career? If you review the challenges you witnessed in others going through a mid-life crisis, you’ve witnessed the signals.

This is your awakening stage. 

This time has purpose, freedom and wisdom.

Why not plan the second career to fulfill the dream that wasn’t fulfilled? For whatever reason, the timing wasn’t good, you didn’t have the funds or time, and NOW, you do.

Three questions to jump start career #2:

1     Self Assess: Decide what you want next and what makes you happy. Create your baseline of awakening. It could be the skills in your career you didn’t get to utilize. If you were number crunching and now don’t want to see another spreadsheet, you decide what’s next. If you decide social interaction and relationships are at the top of your list, pursue it.  If it’s data, animals or something else, do it! Have a baseline of what you have to contribute, and what you want to do. Does it touch your heart, and feel good?

2     Learning a new skill: Are you open to expanding your knowledge and learning a new skill, being creative or mentoring others?  In your current career, were you a leader, or individual contributor? You decide how you want to interact with others and help others in a variety of ways.  Are you a leader that wants to explore other areas that feel more motivating today because you don’t have the same pressures you did in your prior role.

3     List of requirements: This is the who, what, when and how questions. How many hours do you want to work in that second career? Doing what, and more importantly, when and where?  When you decide you want to work from home or work evenings or weekends, review your list of what’s important in your next career. Now create your wish list, you have more options available. If you’re working to offset your current expenses, have the numbers of how many hours or dollars to maintain the lifestyle you desire. Now it’s on your terms! So choose!

When you have the answers to these three questions, you can build the next career with vigor and enthusiasm.  Achieve the income if you have health limitations or there’s a financial necessity to work. Without reviewing these steps, you’ll feel left out of the social aspects and isolation from work conversations in your past. This is not the time to retract. It is a time to maintain your social circles, feel the new found freedom and contribute where you feel energized.

Pursue the connections in the community or seek groups of people with similar interests. If you aren’t finding what you want, be open to start a community group to attract people for new relationships. You’ll meet others who want the same connection as you.  Be the one in 40 million happy in their next career!

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