Reply to Tottering on the precipice -- advice?

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[quote=Anonymous]51 yo PP here. My situation is probably different than your's. I changed careers in my 40's and just got my first "real" job since graduating with my Phd. It's more of an entry-level job, but I have the ability to supplement my salary through private practice (I'm a psychologist). It sounds like you've been earning a good deal of money for some time, so finding another comparable job may be  more difficult in your situation.

Regarding age factors, I did feel (and occasionally still do feel) that my age is a strike against me. Other times I think my life experience and maturity is viewed as an asset. I started coloring my hair in my 40s, before I was looking for work. However, I did buy a younger, somewhat "hipper" wardrobe. This was partly to look younger and partly because my new field is more casual than my prior career as a lawyer. Anyone looking at my resume can guess my age, but I think appearing youthful still gives me a psychological edge when interacting with professional peers.

What about starting your own business? I know this can be very difficult, but with a background in contracting I wonder if this would be a good fit? Could you qualify for a small business loan?

Anyway, obviously I am not in your shoes so can't know what will work for you. I would just say that 51 isn't old, so don't lose heart! I think there are opportunities out there and doubt that age is the primary factor slowing down your progress. It sounds like your field is just contracting right now, and if this is the case, can you make a more lateral move to another field? I imagine many of your skills are transferrable.[/quote]

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