Episode #1: It Takes a Village: Recovering from Job Loss after 50

November 16, 2015 · 25:26
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Submitted photo of Tene Wells at Nelson Mandela's window.
Submitted photo of Tene Wells at Nelson Mandela's window.

Handed a pink slip in your 50’s? Looking for purpose and a paycheck in your 60’s?

Follow the story of Tene Wells in It Takes a Village: Recovering from Job Loss after 50.

Wells abruptly lost her job at age 56. Inspired by a trip to Africa, the social entrepreneur is building a business aimed at helping low-income families with their finances.

Later in the episode, Chris talks with Marci Alboher from Encore.org and author of The Encore Career Handbook. Marci offers up savvy advice for anyone thinking about embarking on a similar transition in the second half of life (hopefully without getting fired first).

In this episode you’ll discover:

  • What to do first when you lose a job to keep financially stable.
  • How to find meaningful work thorough volunteering.
  • Why it’s okay to not know what you want to do with the rest of your life—even if you’re over 50.
  • How to use your network, your village, your community to support you in your job transition.
  • How to use your previous life experiences to find purpose, passion and a paycheck.

In every episode, Chris answers a listener’s question.  In this episode Jane asks:

Should I sell my home and move into a smaller house or apartment that costs less and is lower-manintainace so that I can travel, spend less time on maintenance and have more money set aside when I stop working?

Explore additional resources from this episode:

These books focus on (like Marci Alboher’s book) or touch on (such as Kerry Hannon’s book) making the transition into the nonprofit sector and social entrepreneurship.

The Encore Career Handbook: How to Make a Living and Difference in the Second Half of Life by today’s guest, Marci Alboher

Unretirement: How Baby Boomers Are Changing the Way We Think About Work, Community, and the Good Life by host, Chris Farrell

The Big Shift: Navigating the New Stage Beyond Midlife by Marc Freedman

Great Jobs for Everyone 50+: Finding Work That Keeps You Happy and Healthy … And Pays the Bills by Kerry Hannon

Life Reimagined: Discovering Your New Life Possibilities by Richard Leider

 

These articles focus on encore careers:

Next Avenue is a rich resource for ideas and insight on change in the second half of life. Chris writes a bi-weekly column on unretirement for Next Avenue.

Make Your Retirement a Time to Give Back

Making the Tricky Switch to Nonprofit Work

To find an Encore Career job, try a Matchmaker

 

These websites offer additional career resources for anyone interested in social entrepreneurship and non-profits:

www.encore.org

www.bridgespan.org

www.lifereimagined.aarp.org

www.idealist.org

 

Ask Chris your unretirement question or share your story:

If you have an unretirement question or a story for Chris, get in touch.  We are always looking for inspiring stories and try to answer as many listener questions as possible.

 

Join the conversation:

We love the conversations that our listeners are having about unretirement on Facebook.

This week we want to know:

How have you have found purpose and a paycheck after a job loss?

 

Share the love:

If you enjoyed this episode, please rate and review it on iTunes.  It helps us improve the show and get the word out to new listeners.