Changing Career Paths

How Often Do People Change Careers? Experts like to talk about how often people change careers during their lifetimes. This figure usually ranges from between three and seven times. Sometimes the change is by choice, and sometimes there is a factor in place.

When Workopolis recently asked Canadians how many career paths they had followed, just one in four replied “one.” A clear majority had switched directions at some point – whether because they had discovered a new field they felt passionate about, or because they hit roadblocks such as alack of advancement, cutbacks or layoffs

So, if you are contemplating a career change, you’re not alone. And whether a leap into another profession is by choice or necessity, smart financial planning can help protect your household budget and keep you on track towards a comfortable retirement.

-Jodi