Retirees, Take the Off Ramp to a New Career

For many seniors, changing careers can be a long and daunting process. But the rewards can be rich.

Businessman looking at coworker in office meeting
(Image credit: Getty Images)

Faye Fiore, 65, started working for a small newspaper right out of college, and 35 years later, she was a national correspondent at the Los Angeles Times, one of the largest newspapers in the country.

She loved her profession. But about a decade ago, while raising two boys and feeling torn between work and home, she left the news business to become a marriage and family therapist. "Everyone -- my financial adviser, my brother -- told me not to do this," says Fiore, who lives in Arlington, Va. "We were not that far from the recession, and I had a well-paying, prestigious job."

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Contributing Writer, Kiplinger's Personal Finance

Alina Tugend is a long-time journalist who has worked in Southern California, Rhode Island, Washington, D.C., London and New York. From 2005 to 2015, she wrote the biweekly Shortcuts column for The New York Times business section, which received the Best in Business Award for personal finance by the Society of American Business Editors and Writers. Her work has appeared in numerous publications, including The Times, The Atlantic, O, the Oprah Magazine, Family Circle and Inc. magazine. In 2011, Riverhead published Tugend's first book, Better by Mistake: The Unexpected Benefits of Being Wrong.