Last updated on Aug 18, 2024

What do you do if you're a retired Financial Management professional looking to start a new career?

Retirement doesn't mean the end of your professional journey, especially if you're a retired financial management professional. With a wealth of experience and knowledge at your disposal, you might find yourself eager to embark on a new career path. Whether it's the pursuit of passion, the need for additional income, or simply the desire to stay active and engaged, there are numerous opportunities for you to leverage your financial expertise in new and fulfilling ways.

1 Assess Skills

Before diving into a new career, take stock of your skills and experiences. As a financial management professional, you're equipped with a skill set that's highly valuable in many industries. Your expertise in budgeting, forecasting, and strategic planning is transferable to various roles. Reflect on your career highlights and consider how those successes could translate into a different sector or job function. This self-assessment will serve as a foundation for identifying new opportunities that align with your capabilities and interests.

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Udé Fati

Ex Secretária de Estado na Secretaria de Estado da Cooperação Internacional
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Primeiramente vou avaliar a evolução do setor e as capacitações de aperfeiçoamento disponível. Depois ver as pessoas com sucessos na área e os seus percursos e como estão a se atualizar para continuar no top.

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William Lachiver

Conseiller en Gestion de Patrimoine
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Déjà si j’attends d’être à la retraite pour me lancer dans une nouvelle carrière, je suis mal barré. C’est ma réflexion de professionnel de la gestion financière pas à la retraite.

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2 Explore Options

After evaluating your skills, explore the array of options available. Your financial acumen positions you well for consultancy roles, where you can advise businesses on their financial strategies. Alternatively, teaching could be a rewarding avenue, allowing you to share your knowledge with students or professionals seeking to enhance their financial literacy. Non-profit organizations also value financial expertise for their operations and mission-driven initiatives. Consider what environments and work cultures would be invigorating for you at this stage of your life.

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3 Network Actively

Networking is key when transitioning to a new career. Reconnect with former colleagues, attend industry events, and join professional associations related to your desired field. Social media platforms like LinkedIn can be instrumental in expanding your network and uncovering job opportunities. Remember, your reputation as a financial management professional can open doors; it's about making the right connections and being open to conversations that could lead to your next career move.

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Udé Fati

Ex Secretária de Estado na Secretaria de Estado da Cooperação Internacional
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Muitas vezes os velhos conhecidos podem te recomendar e encorajar a dar a sua contribuição, porque conhecem as suas valências. e o facto de ainda estarem activos podem facilmente identificar as necessidades não preenchidas que um profissional em aposentadoria pode preencher.

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4 Update Skills

In today's fast-paced world, staying current with the latest industry trends and technological advancements is crucial. Consider taking courses or obtaining certifications that can bolster your resume and demonstrate your commitment to continuous learning. This could involve brushing up on the latest financial software, understanding new regulatory changes, or even delving into emerging fields like fintech. By updating your skills, you show potential employers that you're proactive and adaptable.

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Udé Fati

Ex Secretária de Estado na Secretaria de Estado da Cooperação Internacional
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Reorganizar as suas habilidades e reforçar as competências que podem dar mais visibilidade ou criar uma forma de reeleitura das suas capacidades e com aquisição de uma nova aptidão pode lhe tornar uma excelente opção para outros setores e sobretudo com as redes sociais pode ser um influencer (o que por si obriga a capacitação continua).

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5 Consult Mentors

Seek guidance from mentors or peers who have made similar transitions. They can provide invaluable insights into navigating the job market and adapting to new roles. Mentors can also offer encouragement, help you refine your career strategy, and introduce you to their networks. Their perspective can be particularly helpful in identifying roles that might suit your expertise and in offering advice on how to market yourself effectively.

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6 Volunteer First

If you're unsure about committing to a full-time role immediately, consider volunteering your financial management services. This allows you to get a feel for a new sector without the long-term commitment and can be a powerful way to demonstrate your value. Volunteering can lead to paid positions and offers the added benefit of contributing to causes you're passionate about. It's a way to stay engaged, make a difference, and potentially pave the way for your next career chapter.

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7 Here’s what else to consider

This is a space to share examples, stories, or insights that don’t fit into any of the previous sections. What else would you like to add?

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What do you do if you're a retired Financial Management professional looking to start a new career?

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1 Assess Skills

2 Explore Options

3 Network Actively

4 Update Skills

5 Consult Mentors

6 Volunteer First

7 Here’s what else to consider

Financial Management

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