So many boomers have recognized that they both want and are going to need to have a second career after they retire from their first. The question then becomes, “When should you start that second career?”
While, there are certainly some contributing factors that would make every situation different, I think that there is are a few guidelines concerning this question:
- Your investigations should start sooner rather than later. My recommendation is that you should begin considering your options at least two years in advance (more time is better).
- When you find some things that appeal to you, you need to “get your feet wet” to see if these options have the kind of personal satisfaction and income potential that you are going to be looking for in your second career.
- Once your research and dabbling has led you into a particular niche, you can begin on a very part-time basis to create, market, and build your second career. By the time you are ready to end your first career and launch your second, you will already be building something that reflects your essence and provides the kind of income that will secure the kind of retirement income you are looking for.
If you take the time to plan ahead, test the waters, and then build in your extra time, you will be able to walk away from your first career with anticipation and excitement for what lies ahead!
What has been your experience? Have you already begun that second career? What have you learned that could help the rest of us?