Any over 60's had a career change?

[Johnniem]

Hi all,

Not ready to retire (not enough in the pot at the moment due to covid hit business!) but am due to move out of the business. Have been doing what I do since I was 26 and am now 62. Anyone else changed career/industry but using the skills of a lifetime?

Thanks for any replies.

JM

[Pit Pony]

Have you ever done a degree?
I suggested to my wife that she take out the full student loan, maintenance loan, spend 3 years building up a 70k debt to the student loan company and then retire.

[Johnniem]

Did that back in the 80's when the govt paid me to go to uni!

[deja.vu]

Pit Pony said:

Have you ever done a degree?
I suggested to my wife that she take out the full student loan, maintenance loan, spend 3 years building up a 70k debt to the student loan company and then retire.

Your math need some work.
Even If you studied in London you wouldn’t get £70k for 3 years.

Nice idea though.

[Pit Pony]

deja.vu said:

Pit Pony said:

Have you ever done a degree?
I suggested to my wife that she take out the full student loan, maintenance loan, spend 3 years building up a 70k debt to the student loan company and then retire.

Your math need some work.
Even If you studied in London you wouldn’t get £70k for 3 years.

Nice idea though.

Yeah. You'd need to do a 4 year masters, to get close to £70k debt. Mind you once you finish and have inly retirement income, the interest will soon compound.
If you have less than £25k household income, you might get a bursary if you choose the right course and/or university.

[rog007]

What would you like to do that’s a realistic option?

[2 sMoKiN bArReLs]

Johnniem said:

Did that back in the 80's when the govt paid me to go to uni!

You were over 60 in the '80s?

Well, whatever you did it's a miracle!