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Can you change your life at 50 years old?
How to start over in life at 50
How to start over at 50 with no money
Pros and cons of starting over at 50
Questions to ask yourself if you’re starting over
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Can you change your life at 50 years old?
How to start over in life at 50
How to start over at 50 with no money
Pros and cons of starting over at 50
Questions to ask yourself if you’re starting over
Considering a career change in your 50s can feel daunting. It’s enough to send you into an existential crisis. considering a. After all, you’ve invested a lot of time and energy getting to where you are.
But you need to remember: you’re never starting from scratch. That’s true for career shifts and massive changes to your personal life, too. You’ve been through a lot in your lifetime. You can lean on your years of experience for self-reinvention. And you don’t have to seek out a fresh beginning all on your own.
Vera Wang used to be a figure skater. But after several failed attempts to make the Olympics, she cut her losses and pursued her passion for fashion.
She began her new life at Vogue as an editor. After 17 years, she left the magazine to work at Ralph Lauren for two years before resigning to open her first wedding dress boutique.
She was hesitant at first. She was almost 40 years old by that point and wary about making a fresh start. But, after some encouragement, she went for it. She’s now revered for her designs.
The point is: it’s never too late for new beginnings. We want to help you get started. Here are our tips on how to start over in life at 50.
Yes! You can change your life at any age, but it rarely happens overnight. With some planning and self-awareness, you absolutely can make significant changes.
There’s no limit to how much you can grow, learn, and become a better person. There's no time when you must stop. Any decade of your life provides an opportunity for self-improvement and growth.
Starting over will look different, depending on your situation. Are you embarking on a new career path or moving to a new continent? Finding purpose in life after 50 isn’t easy, and there’s no one-size-fits-all approach to starting over.
Here are some general guidelines to consider:
You might not have expected to be here. That means you’re probably experiencing some unexpected loss. This could be the loss of a loved one, a relationship, or plans for the future. Any type of grief is normal, so give yourself the time to feel it.
Stop thoughts from swirling in your head by putting them on a page, whether you use a computer or your favorite leather-bound notebook. Through writing, you can gain self-knowledge and a valuable means to process your thoughts.
It’s easy to fall into an endless loop of negative thoughts. Deep breaths and meditation can give you a much-needed moment of reprieve.
Inertia sets in when you’re feeling down. But even the smallest activities can boost your mood. Staying active and busy will give you the energy you need to plan for the future.
Your social health is important to your well-being, and having good friends to support this transition is vital. If you don’t already have a trustworthy circle, find new friends through volunteering or attending events tailored to people 50+ in your community.
When embarking on a new chapter, take the time to nurture your social connections and maintain a support network. As we age, busy schedules and family responsibilities can force our relationships with loved ones to take a backseat. Don’t let work take over.
If you’re struggling, you could consult with a life coach or therapist specializing in significant life changes to speak with someone prepared to help you navigate this uncertainty.
Don’t forget to keep exercising (or start a workout routine if it’s been a while). Weightlifting, walking, or other low-impact activities boost your energy and keep your mood up. Taking care of your physical well-being is vital to your overall health.
You’ve probably accumulated loads of stuff over the years. Get the weight of possessions off your shoulders by donating or selling items no longer in use. A clear space really does mean a clear mind.
Be honest about your financial situation. If you’re doing something different, you may need to dive into your finances. Consider taking the following steps:
Your financial wellness matters, too.
You can’t reach a new destination without a road map. The first step is doing some life planning to better understand your new future. Think about where you are and where you’d like to be, and identify the necessary steps to build a better life.
This new life will require different habits. Developing healthy habits, like managing new job anxiety with more exercise or finding time to hang out with your family and unwind in your free time, will help you stay on your planned course.
Identify your passions, strengths, and weaknesses and how they might fit in a new career or job. Befriend people doing what you want to do, and look for job opportunities that match your skills and desired lifestyle. Bask in the challenges ahead because this is what makes life thrilling.
Age is just a number. You’re never too old for a new start. Let go of the fear and anxiety about where you should be and start building the life you want to live.
These tips are a lot to chew on. It’s okay to ask for help. Seeing yourself through others’ eyes will help you develop greater self-awareness to find the answers you're looking for and take action to meet your goals.
Much of the above advice still applies if you have little or no money. The downside is that you might have less time to lose before springing into action.
Here are some additional tips if you’re in a financially difficult situation and can’t make a quick switch:
A paying job that you hate will still give you financial stability. This is more important right now. Focus on creating an emergency fund and rainy day savings while you plot your next move.
Do you need to go to grad school or earn a certificate to change industries? Or are you waiting for an available spot at your dream company? Take every change into account when deciding when's the right time to leave your job.
It’s tempting to compare yourself to other people your age. Your brother might have a boat by now, or your friends live happily in the suburbs. Comparison will only lead to a cognitive bias that harms your well-being.
In reality, you have nothing to be ashamed of. Things might be difficult right now, but you still have something few people experience: the chance to reinvent yourself.
Find your purpose and passion. Think back on the things that felt most meaningful to you. An important step in figuring out how to turn your life around is imagining the person you want to be. How can you work these things into the next phase of your life? How can you do that at a low cost?
Perhaps trying out self-directed learning or creating a vision board will help you stay focused on your goals. Make sure all your goal-setting points toward the ultimate one: doing what you love.
Transferable skills are abilities not tied to a specific role or industry you can apply in various personal and professional situations.
Throughout your life, you gather various transferable skills. If you worked in real estate, selling homes didn’t just teach you about the housing market.
You likely also learned important communication skills like persuasion and active listening, project coordination skills like time management, multi-tasking, and the ability to switch between a team and individual projects.
Employers often place more importance on soft skills than technical ones, as the former is gained through life experiences — and life experiences can’t be taught. Review your resume to include as many relevant transferable and soft skills as possible.
No matter where you are in your career, it’s important to upskill and reskill. If you need to improve your technical or professional skills, consider enrolling in an online course or working with a tutor.
Here are a few free online learning platforms to check out:
Maybe a midlife crisis has put you in a tailspin, so you want a fresh start. Maybe circumstances put you in this position and you have no choice. Either way, there are some pros and cons to seeking out a new beginning.
If it isn’t apparent, “Can I turn my life around at 50?” is the most straightforward question you’ll have to ask. The answer is yes.
As you contemplate the next steps, here’s what you should be asking yourself:
Answering these questions will clarify your next steps. Knowing what you’re passionate about and what industries align with your personal values will help you decide where you should be going.
This is an incredibly daunting phase of your life. It’s easy to lose faith in yourself when everything is uncertain. Here are some facts that will help your confidence:
Is 50 too old to start over? Absolutely not. And wanting a change isn't a midlife crisis. Besides, no one really starts over. You’re forging a new path from where you are today.
Acquiring skills that allow you to embrace change, such as creating new habits and using strengths advantageously, isn’t only how to start over in life at 50 — it’s how you can thrive at any age. Life will give you lemons. It’s up to you to make lemonade.
Kickstart your path to self-discovery and self-awareness. Our coaches can guide you to better understand yourself and your potential.
Kickstart your path to self-discovery and self-awareness. Our coaches can guide you to better understand yourself and your potential.
Maggie Wooll is a researcher, author, and speaker focused on the evolving future of work. Formerly the lead researcher at the Deloitte Center for the Edge, she holds a Bachelor of Science in Education from Princeton University and an MBA from the University of Virginia Darden School of Business. Maggie is passionate about creating better work and greater opportunities for all.
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