Anonymous wrote:
So your husband has been out of the work force for what ...12-17 years? That will be a tough transition. The only thing he will be able to do will be entry level stuff. He has to be retrained or go back to school. After that he will likely be one of the oldest people at work and get no vacation time. The no vacation time is the biggest drag.
So what? He can max out his 401(k) while working his way up or use the job as a stepping stone. He should be pretty well-rested at this point and who cares how old he is compared to his co-workers?
It does matter. Socially he will not relate to his co workers(who will be in their early 20's) and they will not relate to him. While the people his age will be in senior positions and not in his social circle as an entry level employee. Also, clients will see his age and assume he is senior and all that goes with it(like knowing the industry etc). In addition, the places most likely to hire him will be a small company. About 70% of companies do not offer 401ks and the smaller the company the less likely to have a 401k. He will mostly like be an hourly worker or doing contract work with no access to a 401k or benifits. Not having to get a job with benifits(if he stays on the wife's benifits plan), will give him more options. I changed careers in my 30's, it hard. In your late 40's or 50's, it's even hard.