4 safe strategies for a mid-career pivot

1054. Are you comfortable in your career but longing for change? Or maybe you want the freedom to move anywhere in the country without taking a financial step backward? Host Laura Adams answers a listener’s question about safe ways to pivot to a new career with a high earning potential and geographic flexibility. Key Takeaways: Break down your existing career expertise into hard skills (core work functions), soft skills (interpersonal abilities), and system skills (software tools and digital platforms) that you can use in a new career. Consider high-demand sectors that exist throughout the US for maximum flexibility, such as healthcare, financial services, insurance, real estate, cybersecurity, and information technology, or fully remote roles. Validate your interest in a new field by conducting informational interviews, shadowing professionals, and taking introductory online coursework before resigning from your current position. Never judge a relocation offer solely on the gross salary figure; always account for the region’s cost-of-living, housing affordability, and state income taxes to understand your net take-home pay. Keep a separate cash cushion outside of your emergency savings to cover upskilling courses, licensing fees, income gaps, and relocation costs. Related Episodes 753 1025 1000 999 Discover more from Money Girl! Facebook Newsletter Transcripts available at QuickandDirtyTips.com. Email: [email protected] or leave a voicemail: (302) 364-0308. Hosted on Acast. See acast.com/privacy for more information.