It started as an unnamed trend. Workers age 50+ remained on the job, well past traditional retirement age, but sought purpose along with a paycheck.
According to a 2008 MetLife/Civic Ventures study, as many as 8.4 million people age 44-75 are currently in what we now call “encore careers,” jobs that combine personal meaning, social impact and a paycheck. And that number is expected to grow, with more than half of those not yet in an encore career saying that they want to pursue one.
What Are Encore Careers?
Most encore careers are based in education, health care, public service and non-profits -- major players in the Massachusetts employment sector. These fields, particularly health and education, are poised for growth and also likely to be most affected by the aging of the workforce – retiring workers combined with a smaller pool of younger workers threatens to leave many unfilled positions. By 2012, almost one in five Bay State workers will be at least age 55.
How Do I Get Started?
Take action to get inspired.
Read, network, volunteer, take a class, or join a nonprofit board. Even just talking to someone in the same situation can help you gain ideas. Encore Careers features a guide to getting started.
Prepare for the hunt: Update your resume, practice interviewing, take a class or participate in a training in your desired field.