Best Career Change Jobs After 40

Looking for the best career change jobs after 40? Here are some great ideas!

• Accountant
• Financial consultant
• Teacher/teaching assistant
• Event planner
• Freelancer

Whether you feel stuck at your current workplace, have issues with your employer, or desire to seek out new challenges, it’s never too late for a midlife career change.

You can make it at any time of your life, even if you’re over 40 years old.

In fact, depending on your qualifications and experience, this might be the best time of your life to establish a new career.

Here, we look at the best second careers after 40 and why you should consider them.

You’ll also get a glimpse at the challenges you might face when looking for a new career at 40 or after and what steps to take if you make a career change at this age.

Let’s get started!

Signs You Might Need a Career Change at 40

There are several signs that may suggest you need a career change at the age of 40. Some of these signs include:

• Lack of fulfillment – If you feel unfulfilled in your current job, it may be time to consider a career change. You may feel like your work is meaningless or unimportant, or that you are not using your skills and talents to their fullest potential.

• Burnout – Burnout is a state of emotional, mental, and physical exhaustion that can result from prolonged stress. If you are experiencing burnout at work, it may be a sign that you need a career change.

• Lack of career progression – If you have been in the same job for a long time and have not seen any career progression or advancement, it may be time to consider a career change.

• Low job satisfaction – If you are unhappy with your job or dread going to work every day, it may be time to consider a career change.

• Declining industry – If you work in an industry that is declining or becoming obsolete, it may be time to consider a career change before it's too late.

• Financial concerns – If your current job does not provide you with the financial stability you need, it may be time to consider a career change that offers more earning potential.

• Desire for a new challenge – If you feel like you have outgrown your current job or are looking for a new challenge, it may be time to consider a career change that allows you to learn new skills and grow professionally.

It's important to note that these signs are not exclusive to those in their 40s and can apply to anyone at any age. However, at 40, you may be at a point in your career where you have gained significant experience and skills that can be transferable to a new career.

Pros of a Career Change at 40

Despite common misconceptions, you can never be too old to change careers. Since there is still plenty of time before the average retirement, 40 might be the best age for changing your line of work.

Depending on your qualifications and previous work experience, at 40, you might have a broad range of transferable skills you can employ in your new job. This applies to positions with and without a degree.

Not having earned a degree or working in the relevant field before doesn’t mean you don’t have plenty of life experience behind you.

You can still gain new qualifications and develop new skills a 40 to impress potential employers/clients in your new career.

There are plenty of reasons why a career change might be a good idea, even if you’re 40 or older.

Opportunity to Pursue a Passion

A career change can give you the chance to pursue a passion or interest that you may not have been able to explore in your previous career.

Some people lose their passion for their work, and if this is the case for you, finding a new career path may be the best option.

Personal Growth and Development

Suppose your current work doesn’t offer opportunities for professional or personal growth. In that case, you might be able to find these in a new career.

Some jobs require only a limited set of skills and don’t allow people to reach their full potential.

If you want to expand your skills and knowledge about topics you are interested in, and your current job doesn’t allow it, find a new one that will.

Better Work-Life Balance

If you have a stressful job and are looking for a healthy work-life balance, you might be able to find it in a new career.

However, this is only possible if your desired path comes with less stress and without the burden of financial difficulties.

Switching to a low-stress job that doesn’t pay enough to pay your bills won’t contribute to your work-life balance at all.

Increased Job Satisfaction

Career changers can experience a renewed sense of excitement and passion for their work.

You may have been feeling stuck or unfulfilled in your previous career, and a change can offer a fresh start and new opportunities to grow and develop.

When you are doing work that you are passionate about, you are more likely to feel a sense of fulfillment and purpose in your job.

This, in turn, can lead to greater job satisfaction, better mental health and improved overall well-being.

You may find that you are more engaged and productive in your work, which can lead to better performance and potentially even higher earnings in the long term.

Cons of a Career Change at 40

Benefits notwithstanding, there are a few challenges to consider if you want to start a new career at 40.

Here are things to consider when choosing jobs at this age to make an informed decision.

Financial Instability

When you’re changing your job at 40, you’ll need to consider your financial responsibilities.

A new career at 40 may involve taking a pay cut, even if it is only temporary.

At this age, most people have a regular bunch of bills to pay, and you want to ensure that you’ll be able to cover the necessities.

While some expenses can be reduced by forgoing certain services, others are non-negotiable. For example, if you have mortgage payments, you’ll need to ensure you’ll be able to keep paying them.

You can do this by carefully planning when, how, and which career to switch to.

Family Considerations

If you’ve established a family by this age, you’ll also need to consider their needs.

When choosing a new career, think about what would work out the best for your family in terms of financial and medical coverage, spending time together, and more.

For example, choosing a career that requires relocation isn’t too practical if you have to move your entire family.

Lack of Experience

If your current line of work commands much of your time, and you also have a family you need to spend time with, you might not be able to return to school and re-qualify yourself.

In this case, it’s best to seek out new ventures that require the skills and qualifications you already have.

If you’re looking for a better-paying job than the current one, you’ll have to work a little harder. Beginners are often only offered entry-level jobs in most fields and you will be competing with younger professionals who have more experience in your new field.

Impact on Retirement Savings

A career change at 40 may also have an impact on your retirement savings.

If you need to take a lower-paying job in your new career, you may not be able to save as much money for retirement as you would have in your previous career.

Additionally, if you need to go back to school to acquire new skills, you may need to take on student loans, which can impact your ability to save for retirement.

It's important to consider the potential impact on your retirement savings when making a career change at 40.

Best Second Careers After 40

Here are some of the best second careers after 40 based on your previous experience/skills.

1. Financial Consultant

Average salary: $45,000 to $150,000+ per year

If you have experience in finances, there is a good chance that you’ll be able to land a job as a financial consultant/manager.

It’s a highly lucrative job and an excellent opportunity for those looking to improve their financial standing after 40.

You won’t have to worry about competing with younger applicants because, in this field, experience matters more than eagerness to prove your worth. However, you’ll need certain qualifications.

What type of type qualification, however, depends on the job role you plan to delve into.

2. Accountant

Average salary: $45,000 to $100,000+ per year

Those with experience in accounting and bookkeeping can offer their services to clients’ businesses on a freelance basis.

While similar to a financial consultant, these positions give you more control over time management.

You can determine how much work you take depending on the amount to want to earn on a regular basis.

Once again, you’ll need qualifications in finances and accounting, but this is definitely one of the best second careers after 40.

3. Teacher/Teaching Assistant

Average salaries:

• Teachers – $31,420 to $67,650 per year
• Teaching assistants – $27,500 per year

While demanding, teaching can be an incredibly rewarding job.

If you like to help children or adults acquire knowledge and contribute to their personal growth journey, this can be the right profession for you.

However, to be a certified teacher or teaching assistant, you’ll need to have qualifications.

Depending on the subject and field you’re planning to teach, you may also require specific certification and training before becoming a full-time teacher.

4. Software Developer

Average salary: $65,000 to $160,000+ per year

The IT industry has given space for many highly lucrative career paths, and being a software developer is one of them.

Of course, you’ll need extensive qualifications and experience in this field. However, it’s still relatively easy to find a suitable role in the industry.

You’ll need to be creative and prepared to work extensive hours, but you’ll be well-rewarded for your hard work.

5. Project Manager/HR Manager

Average salary: $50,000 to $150,000+ per year

If you have experience in handling different projects, you can seek out project/HR manager positions in a wide variety of industries.

You can choose a field that fits your skills and qualifications.

You’ll need the latter to establish trust with clients. You’ll also need time management, communication and leadership skills.

Best Careers to Start at 40

This section looks at careers that might not require a lot of extensive qualifications/experience to get started.

They’re great for those who might have been stay-at-home moms and dads or people who want a complete turnaround of careers without spending a lot of money on official qualifications.

Here are the best careers to start at 40.

1. Health & Beauty

Average salaries:

• Cosmetologist – $30,000 to $50,000 per year
• Esthetician – $30,000 to $50,000 per year
• Nail technician – $25,000 to $35,000 per year
• Massage therapist – $35,000 to $60,000 per year
• Makeup artist – $30,000 to $60,000 per year

The health and beauty industry is the most rewarding field for those looking for work without extensive experience.

In just a couple of months, you can learn the necessary skills to become a personal trainer, aesthetician, massage therapist or any other professional working in the industry.

You will need communication and people skills as you provide a service that relies on good communication. This is a great idea if you want a career change at 40 with no degree.

2. Event Planner

Average salary: $35,000 to $100,000 per year depending on seniority

Another fantastic career opportunity for those looking to showcase their people skills is an event planner.

With a little organization, practice and research, you can help create wonderful memories for people.

While it’s not an official requirement, for the sake of transparency and to establish trust, you should consider gaining an event planning certification before you start to render your services.

Once you do, this is one of the best careers to start at 40.

3. Life Coach

Average salary: $30,000 to $100,000 per year

If you’re interested in helping people create the life they desire, then this is a great career to start at 40.

The position of a life coach doesn’t require any qualifications, but it helps if you have previous experience in managing your life successfully.

People often require specialized coaching, so you’ll need to define a niche you can help with before venturing onto this path. Once you do, a life coach can be one of the best jobs for career change over 40.

4. Translator/Proofreader/Writer

Average salaries:

• Translator – $45,000 to $65,000 per year
• Proofreader – $35,000 to $55,000 per year
• Writer – $40,000 to $70,000 per year

If you are proficient in several languages or a passionate writer, you might be able to start a new career as a translator, writer or proofreader.

Depending on the field you want to work in, you might need qualifications.

However, in most cases showcasing your skills and providing a good product will go a long way in establishing a career in these roles.

This is a great career change at 40 for those looking for flexible working hours, opportunities to work from home while still attending to the household, etc.

5. Estate Agent

Average salary: $30,000 to $100,000+ per year

Another of the best career change jobs at 40 is as an estate agent. It is a great career opportunity for those looking for flexible working hours.

However, be prepared to be on the move at all times.

You’ll need good research, communication and problem-solving skills to offer a valuable service to your clients.

Most real estate agencies require a completed real estate licensing education. You’ll need to take a course and pass an exam t get your license as a real estate agent.

Starting a career change at 40 can be challenging if you don’t know how to start. This section will provide you with a few pointers on how to make career change work at 40.

Alternatives to a Career Change at 40

If you're considering a career change at 40 but are unsure about making such a big transition in your professional life, there are some alternatives you can consider.

Take on a New Role or Project

Sometimes, a change within your current job can provide the challenge and fulfillment you need.

Talk to your manager about taking on a new role or project that aligns with your interests and goals.

Enhance Your Skills

Consider taking courses or training to develop new skills or enhance your existing ones.

This can make you a more valuable employee and potentially lead to new opportunities within your current career.

Seek Mentorship or Coaching

Finding a mentor or career coach can help you identify your strengths and interests and guide you in developing a plan for growth within your current career.

Seek Work-Life Balance

Sometimes, feeling unfulfilled in your career can be a result of a lack of work-life balance.

Consider adjusting your schedule or seeking support to prioritize self-care and leisure time.

Start a Side Business or Project

If you're feeling unfulfilled in your current job, consider starting a side business or project that aligns with your interests and passions.

This can provide the challenge and fulfillment you're looking for, without completely leaving your current job.

Remember that a career change is not the only option if you're feeling stuck or unfulfilled in your current job. By exploring these alternatives, you may find that you can achieve the change and growth you're looking for without completely uprooting your career.

Frequently Asked Questions

Final Thoughts

Changing your career at 40 or after can be challenging, but it’s not impossible and may mean you find your dream job.

If you’re looking for a better work-life balance, are unsatisfied with your current job, or aspire to personal and professional growth, you should consider a career switch.

Be aware of the challenges of starting a different career at this age, including family considerations, financial responsibilities to fulfill and professional constraints.

Establish what you want to do, research different roles within your scope of interest, and make sure you have the skills you need for them.

If necessary, expand your network and gain new qualifications, and incorporate them into your resume before applying for specific roles.