People are living longer today than ever before. Fifty percent of babies born in 2007 in economically developed countries are expected to live 102 to 107 years. That means Gen Zs will be among the first to reach the 100-year milestone in larger numbers. Their career paths and financial security will be impacted as a result.
Where your work meets your life.
Tips for Navigating a 60-Year Career
A longer lifespan means a longer career path.
October 30, 2023
HBR Staff; hocus-focus/Getty Images
Summary.
Longer lifespans are impacting the careers and finances of the youngest generations. People who are currently in their early 20s could realistically need to work until their late 70s. A career path this long — 60 years — is nearly uncharted. So what can younger workers expect your career path to look like, and how can you make the most of it?
- Take more time to try different jobs earlier in your career. The self-induced and societal pressures to “have your act together” by age 30 will likely be muted. You will have more space to explore, take risks, and reroute.
- Build extended breaks into your career. Sixty years is a long time, and taking the occasional career break will help you avoid burnout and allow for periodic reflection as your interests and skills evolve.
- Look for companies that embrace career breaks. More employers are recognizing that career breaks are not going away, and in response, are creating customized career reentry onboarding programs to accommodate them.
- Keep on top of your finances. A solid savings will also allow you more flexibility when planning breaks and give you more freedom pursue roles post-career break that are the best match for you regardless of the compensation level.