Hi Bogleheads,
I'm contemplating a career change and hoping maybe some of you could help me. I'm currently employed in a government job and have 12.5 years till retirement. Upon reaching full retirement I can collect a ~$80k pension (In today's dollars) and will get full health coverage. I would be 46 years old and I think a small COLA would kick in when I turn 55.
However, I dislike my current job. I get little satisfaction from it, there are poor working conditions, and I am commuting about an hour and 15 minutes each way to get there and back. I make about 160K with overtime.
OR
I am considering switching into the investment management industry:
I have an undergraduate degree in Finance and have completed the first two levels of the C.F.A. Charter. I have no work experience in the field and was wondering what a reasonable start in it might look like? What kind of salary potential is there? I would finish the third part of the CFA & probably get the CPA too. I would even consider law degree if I could benefit from it.
Does switching this late in the game sound crazy? Does anyone with experience in the field have an opinion for me?
Any input is appreciated.
Thanks!
I'm contemplating a career change and hoping maybe some of you could help me. I'm currently employed in a government job and have 12.5 years till retirement. Upon reaching full retirement I can collect a ~$80k pension (In today's dollars) and will get full health coverage. I would be 46 years old and I think a small COLA would kick in when I turn 55.
However, I dislike my current job. I get little satisfaction from it, there are poor working conditions, and I am commuting about an hour and 15 minutes each way to get there and back. I make about 160K with overtime.
OR
I am considering switching into the investment management industry:
I have an undergraduate degree in Finance and have completed the first two levels of the C.F.A. Charter. I have no work experience in the field and was wondering what a reasonable start in it might look like? What kind of salary potential is there? I would finish the third part of the CFA & probably get the CPA too. I would even consider law degree if I could benefit from it.
Does switching this late in the game sound crazy? Does anyone with experience in the field have an opinion for me?
Any input is appreciated.
Thanks!
Statistics: Posted by Slow_and_Steady — Tue Jan 28, 2025 7:20 pm