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Reply to "I left law practice and changed careers at age 50 -- ask me anything."
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[quote=Anonymous][quote=Anonymous]I was earning about 120k when I quit law. It was a while ago, and at that point i worked in-house for a corporation rather than a firm. I was able to do this career change for a few reasons: my kids were already in school full time when I entered my doctoral program. Before that I took some part-time psych classes at night and in the mornings when my youngest was in preschool. My DH is self-employed and works from home, so he's shouldered a lot of the burden of picking up kids and being around in the afternoons when I've been away at school or working. We were fortunate to have saved quite a bit from earlier years when I practiced, and when our investments were still doing well. However, in the past few years things got more difficult and we've drained a lot of our savings, sad to say. We are in the process of rebuilding, which means also moving to a smaller, less expensive home. But we're getting by. I have a full-time job now and while the salary is modest (under 100k) the benefits are good. Also, I LOVE the work. It is so much more fulfilling to me than law ever was. [/quote] Wow you hated law so much that you are willing to move to a smaller house just so you can work in your other profession? Goodbye to any hope you might have had of retiring. I would hate that so much.[/quote]
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