Can a 63 yr old start a new career and make 6 figure salary?
My absolute number one recommendation for older people starting a new career is teaching! Whether it be consulting or teaching at a school or training, at 63 you’ve got a great weath of knowledge and experience that needs to be shared! You could ABSOLUTELY make six figures teaching people what you know… you have a great resource that takes a very long time to cultivate, and is worth every penny.
The market will pay what the market will bear. If you’re worth six figures, you’ll make six figures. If you can’t, you either aren’t looking hard enough for the right opportunities, or aren’t actually worth six figures in the first place (sometimes one means the other). Why not start your own business? Anybody worth six figures ought to be well rounded enough to pull this off, and you apparently have years of experience. Identify an untapped market and pursue it. Hire some young buck straight out of college for energy and the youthful impression, pay him/her peanuts until things get going, and get your business going. If you were ever worth six figures, you must have some money socked away, so it shouldn’t be too hard to get a business off the ground, if you know what you’re doing in your industry. If you feel tied to some employer, and if the employer isn’t willing to pay you more than X, then you’re worth X. Your only choices are to leave and find somebody to pay you Y, if you can, o
Absolutely! It all depends on what type of career you are talking about. I would say a 90 year old could start a new career and make 6 figures or more. You see people in their late teens and early 20’s making millions or billions with the right skills and ideas. I don’t see why it would be different for someone older than that. What someone older might lack in physical strength, they can more than make up for in experience and wisdom. I think the older you get the more chances you have to apply all the wisdom and skill you learned during your life. Unless a person gets old and crusty and set in their ways anything over 55 really should be the “Golden Years”.
