Midlife Transition

Midlife is a time to re-evaluate work and life goals, it’s a time of possibility and new beginnings. Midlife Design expertise enables you to realign you life’s key elements, career, relationship, lifestyle, in a way that offers a fulfilling future focus through;

  • Reassessing your talents, strengths, values and vision. Years of being focused on a particular job or role, for example can mean that transferable abilities are blurred.
  • Refocusing for opportunities that are aligned with identified talents, values and vision. Outcomes can vary from a new career, own business, community and family involvements to creating a combination that balances stimulation and income needs.

The first half of life are busy years of establishing career, mortgage and family. These roles also contribute to our self identity and provide a framework for measuring success.

In midlife we experience a greater freedom from these establishment demands, while also experiencing a sense of dissatisfaction and uncertainty about the future. As we are living twenty to thirty years longer there are choices and possibilities beyond the traditional concept of retirement to be explored, for instance “today’s Baby Boomers see their lives after fifty as a melding of education, employment and leisure with four out of five people over fifty saying they plan to work at least part time in retirement.” [Civic Ventures]

Transition Trends

CAREER


Restless in ones career, the desire is to seek work that engages and challenges.

“There are three areas of work for people in the second half of life;

  • Career recyclers – people who do something related. For instance, from a truck driver to a driver for the disabled,
  • Career changers –  people who embark on a completely different career,
  • Career makers – people who start their own ventures based on some lifelong interest. For instance starting a new business”. [Freedman]

COUPLES


Research shows that it is rarer for both couples to be considering a change or retirement at the same time. “The impetus for growth is usually happening with one or the other of them. Usually it is one person saying, ‘I am not happy’ and the other person saying “Shut up, I don’t want to hear about it.”[Rentsch]

WOMEN

There is potential for a growing divide between the experiences of low and high income Baby Boomer women;

  • Low superannuation savings will negatively impact Boomer women’s aspirations and choices leading to working longer than desired through necessity,
  • Women are becoming the ‘sandwich generation of careers’ with their older children, grandchildren and aging parents leading to increased stress,
  • Those financially secure will be perusing higher education, realising their talents by creating their own businesses and pursuing their latent career ambitions.