Im 60 just closed my removal business after 22 years, not financially well off, tbh im just surviving atm, i just couldnt do the job physically anymore, if you look back we have all messed it up at some point, i couldnt have fucked mine up any more if i tried, so understand your situation
As the director/owner of a startup in the 90's... the most important thing I would have hammered into my noggin would be... (1) be careful who you trust (2) always keep friends/family and business as completely separate entities... never mix the two, as once money becomes part of the equation.. the whole dynamic changes beyond repair. Great series of videos, by the way... I was starting think it was only me experiencing all this
55 years old no mortgage some BTL Properties, debt free and in a steady job no guarantees though it will last. Looking to retire at 60. I’ve made many mistakes in my career and would do things much differently today. I tried starting a business that failed 10 years ago. Fortunately I came out with no debts after paying everything and everyone off. My conscience is clear. Would I do it again. Probably… but I’ve learnt some valuable lessons. Sometimes the grass isn’t always greener. When you find a job you like stay until you’re not needed. And save for a rainy day. This is for sure my last job. Sitting it out as long as I can until 60.
I have been in the print trade since i was 17 been made redundant twice was made redundant in march at the age of 56 The print trade is on its knees due to technology/ paperless society I always concentrated to pay off my mortgage asap due to how dodgy the trade is and managed to pay it off in my early forties it is only a humble ex council house i suggest whoever reads this and whatever trade you are in concentrate on paying your mortgage as no 1 priority
I don't agree with this - a mortgage is a cheap loan - if you'd put your money into bitcoin 10 years ago instead of paying off yor mortgage you'd be a multi millionaire by now.
@@VicFlange true - but if i had my way i would rent and buy bitcoin now rather than sink your money into a house which is unfortunately what i've done! Bitcoin will double in a year easily.
@@johnworfnot a wise investment. Governments are currently working on CBDCs which could quite conceivably reduce demand for bitcoin and tank the market
@@WillyJunior Sounds like your listening to the media too much. Don't forget even large institutions are buying bitcoin like blackrock and fidelity. Bitcoin will be a million dollars by 2030...but you sit on the sidelines and hold onto your cash which is worth 10% less each year.
I'm at a similar age to you and at 21 had a 'safe' job in the civil service...hated it and left after 2 years. I then took a job at the Nissan car plant ( well paid, final salary pension, etc ) and left after 13 years to become self-employed. People thought I was mad ! Im still self-employed 20 years later, albeit a bumpy road at times but happy. There's a saying..." Never look back.. you'll miss what's in front of you "
I'm 56 and in embedded software in the defence industry. I gonna do 4-5 more years. I don't want to work full time after 60. Unfortunately, software doesn't lend to part time work. Anyway I've almost had enough. Time to start enjoying life more. I had a crazy flirtation with osteopathy and trained as an osteopath 30 years ago. I got the qual but never practiced. I think I'm gonna go with my heart and do an MSc Physio conversion course and then start my own clinic in my garage doing part time work. Listening to your videos makes me reflect and think about my future. My wife likes the "software" money but it's time to pack up soon.
In my late 40s, I made a choice (my body and mind gave me no choice) and I bailed on a non-contract full-time gig. I was at that job for six years. The boss finally pissed me off to the point of no return. I was out the door in ten minutes. Since then I went to community college with 20-somethings and after that got into a communications (mainly writing anything) role that has lasted, with luck, for six years so far. My point: when you gotta go, you gotta go.
@argopunk that's why I like contacting at the end or before you can leave and it's never difficult plus you don't have to justify for gaps in CV which permanent staff are measured against.
Even if you had stayed in that permanent job you were talking about. The outcome may have still been the same. Its sounds like you have been happier following your heart.
personally my twenties were mostly consumed by functioning in society whilst my inner self got stuck on processing childhood trauma. i'd advise my 30 year old self to look at healing his inner child ten years prior because apparently time is non-linear.
I’ve been processing that inner struggle every single day of my own career. While everyone else is totally focused, I’m painting some hella amazing mental landscapes.
Problem is its a totally different world than back in the 80s / 90s , I'm 56 ,back in the early 90s I was a factory worker on 15 k a year, could afford a 45k mortgage on my own . The young generation don't stand a chance to get on the housing ladder when average house prices where I am Wirral are 260 k.
Thanks for acknowledging this, when I recruit new graduates for my team I can't help but think they are even more fucked than us millennials. And how to keep them interested when they are paid peanuts. I feel powerless sometimes
Similar age and position to you, although worked in public sector. When I bought my first house, for many years I didn't have the latest TV, mobile phone, wear designer clothes, have a new car on PCP or eat out regular. I had hand me downs, an old car, holidayed in the UK, consumed a lot of pasta and used a Switch card not multiple credit cards. A lot of todays generation would not want to live like this to afford a house.
@@greenzero3389 no, even doing everything you did would not buy a home these days. My kids are living like you did, extremely frugal, saving every penny, it’s still impossible because times are different.
Iteresteing this, have subscribed, I have commented before, I went down the less stress route, went back to college, I don’t do anything I worked for in college (did for a while) now work for a global company ( physically demanding 😧) but I have been here 4 years, no stress, go home and forget, not dissing the job, but a lot to be said for that, happy days 👌🏼
Loved the thumbnail for this. I had such a great head of hair back then to 😄! Recently subscribed. I'm now 62 and retired from my work in television production in November of last year. Don't get me started on ageism in that profession! However, I'm happy I left and now on the look out for something much less stressful and probably part time. My wife has a good job, so thankfully our financial situation is ok. However, being over 60 is proving to be quite an obstacle at the moment that is for sure!
I hope you find a career path forward soon and get to where you want to be. I made a couple of critical career decisions in my 30s that were high risk and involved moving my family up and down the country. Things worked out but I didn’t know that at the time. We can only make the decision we feel is best at the time, and avoid reflecting on what could have been. Ultimately it’s speculation, as we will never truly know. Most people who change direction gain experience, learn something about themselves and end up better for it.
Hindsight is always 20/20 and to reflect upon actions taken many years ago is a fools errand unless advising the next gen. I moved countries twice, career change at 35 with years of studying, young family, mortgage, working 6 days a week for 7 years, , moved country again. did the corporate ladder BS to the top, and then chucked it all in in 2018 to start my own consultancy business - again a leap of faith at aged 50.. No pain, no gain. Finishing next yr, live simple, get rid of debt!... Don't know your circumstances but sometimes be radical man and live life!, You seem to have a nice house, think about selling up, buying a 10k camper van and seeing your RUclips channel go to 100k subs. Property market is forecast to crash 30% in 2026 when the 75% of all current mortgages expire from their current low rates and people have to remortgage - Its going to be brutal - And you will be cash heavy ready to buy back in - I'm rambling sorry - But think outside the box Bro.
I think you're right that advice is only useful for future generations and not yourself. I advised my young adult daughter to follow her dreams and interests. She leans very much to the creative side. A standard 9 to 5 job will probably kill her. I have creative leanings but chickened out of pursuing them long ago in the past and ended up with a messy career where I've done work just for the money and that ultimately grinds people down
Likely to end up in your situation soon - having taken the ladder path ("get a good job, work hard, have security, progress, reap the rewards"). Wish I'd done the things that interested me as opposed to being a wage slave. The potential insecurity of that hasn't been negated on the corporate ladder.
I'm 30 now, I'm about to quit my job (software). I've simply just had enough. Tired of being treated like a slave, rude people, petty office politics, and they would replace any of us at the drop of a hat if they could save a buck by sending our jobs overseas and if they can't do that they'll just bring in more immigrants. Even "good" pay today isn't enough for a house, family or anything. I guess you just need to be happy with a roof over your head and some food in your belly these days. I have some savings, I will see how the world looks in year or two. I don't really care anymore. They treat us like disposable robots, that's what they'll get. They've destroyed our society, country & culture to save a few pounds. I hope it was worth it.
I am nearly twice your age and I can tell you that the situation will never change. You need to be your own boss and call your own shots. You are young enough and experienced enough to make it happen
A huge mistake? You have a house and enough financial means that also allowed you raise kids. How is that a financial or career mistake? I'm late Gen X but got priced out early (in London) so missed the property boat and can only dream of your life. I do understand you can trace back to a potentially better path and I can do that too but the path I ended up taking is what defines me today so no major regrets.
I can sympathize or empathize with you. I am around your age and always worked my entire life. I lost my job Nov 24 and was able to secure several interviews however only got one offer after 6 months , then after accepting received a second offer. The 6 months off was no vacation. I was very stressed and feel extremely fortunate to have found a job. Just don’t give up , I know it sounds cliche but the right thing will come along
The world was very different in the 90s and 2000’s, I’m sure if I’d stayed in an office job there’s a good chance I’d be in the same position as you now, I’m a self employed spark at 57 and pay both a book keeper and separately an accountant to do payroll and end of year, I had real issues getting a book keeper, they usually manage around five or six as a lifestyle job, could be an option as your already half way there by being set up as self employed.
Also you are at exactly where you should be based on decisions. No regrets you get one life and it sounds like you actually enjoyed your work and that’s more important at the end of the day that been stressed out in some large corp where they could just make you redundant anyway
What a great video . Impressed with your life story reg work , if you can call it that. There is a greater confidence in you now , so keep the content coming . We all make mistakes in the jobs market . Sometimes the job is not covered enough at interview stage and then the job role goes t... up , with changes from management etc. Also you get asked to do more and more .
You shouldn't think about this too much. I'm a lawyer that branched into tech with the pandemic situation... Is it the right path? Impossible to know, but I've landed a job in a bank and I'm having the most stable income of my life, even compared to a like 95% of my friends who graduated with me. If I get fired in the next big crisis, I could not go back and say it was a mistake. In this life you don't have many chances and the path is never clear.
56, in IT all my career with managerial, project management as well as technical experience. Now having to jump from job to job (even internal roles) to try to make sure I have a level of stability till 65 as that is when my kids will be 18. (Started late). I suspect the security I'm looking for will elude me and I'll be struggling more and more over the next 9 years.
These days, qualifications is one thing, but job requirements are getting more and more demanding when it comes to other skills. So we should always evolve when it comes to skills.
I think if you an put up with the corporate bullshit which I did for 35 years and ended up getting made redundant twice with two great severance deals and good pension schemes which I now draw on having been employed by banks/insurance companies it’s worth it in my view as it enabled me to retire at 59 and it’s the best thing I ever did When people ask me what I do I simply say what ever I want’ I realise it’s not the same for everyone and hope you find what you are searching for mate It’s tough for older workers of all abilities out there and there is ageism out there as I have experienced it first hand Great video love your work as it is really interesting and highlights the problems for many people
I enjoyed my early career. Next door to where I worked, and on the same premises was a flight simulator company, the real deal, not computer games. The people were clever and so inspiring. I wish back then when I young and foolish, that one I’d never taken on a credit card and secondly when my position was made redundant that i had returned to university and gone as far as I could.
I also face discrimination for being 'over-qualified.' I was advised to dumb-down my CV to increase my chances of getting an interview. It worked until people asked me if I could tell them in more detail what I'd been doing for the last 35 years. Then I could see the blood drain from their face. I'm in a no-win situation.
I feel for you but lets be honest someone born in 1968 is far better off than someone born in 1998. You could buy a house for £40k and then from 2008 you paid incrediblely little interest rates for well over a decade. From a 34 year old point of view still living with mum and dad. Subscribed
Sorry but you're wrong there. At left home at 16 and lived in a dump called a bedsit, they really were shit. The first property boom happened in the mid 80s, and with no minimum wage you had to have a decent job to afford a deposit and mortgage. Only the gifted went to university, it might have been free but you also had to be very clever to go. People talk as though everything was brilliant. 3.4 million people were unemployed in the 80s.
@@jamiejack764 A pint was 68p in nightclub, pubs were full and nightclubs were, even on midweek night Wednesday and Thursday. I had the best time of my life in the 80s, all new technology it was mint. I don't own a house, and never. Now it's shit and boring and I hate to be a young person now.
I agree the 80s were great, I would not like to be young now, there's nothing for them, but there again it was not all plain sailing, then times were hard as well
@@glenmason1876 Yeah, I remember older people in the 80s saying to me they'd hate to be young now. Remember the song from TheThe, The Beaten Generation and Thatcher. Young people are boring now and social media has made them embarrassed to be skint and struggle.
I have really struggled to find a decent accountant. Could you get your own clients and be self employed or is there too much red tape to get started ?
There is no 'one size fits all' for people. People have different ambitions and aspirations at different times of their lives. I have made many mistakes in my career, but that's life - you make mistakes and you learn from them.
I had a friend who was told he was "overqualified" and he told them to exploit him. They hired him. And he liked the job. It wasn't that long ago, so perhaps it could work today.
You should have gone into the public sector, preferably the NHS. You would have been director of finance now with say an NHS Trust, looking forward to retirement and a massive lump sum and gold plated pension. Que cera.
Yes and in the NHS there isn't even a requirement to be good at your job and manage NHS money responsibly. As long as you're spending it all, the bosses would've been happy!
Wow Well done i wish i had the nerve . its definitely a topic to be discussed . i see on linked in what peoplee are going through with no jobs for months even up to 2 years . i was relieved to know am not the only one going through this . i think its imigration causing this in my field because a lot of the projects are outsourced to India who are willing to take crap money for a job that ive invested a lot of money with training to get myself to where i am but some have made it a penny job
Have you seen that Monty Python sketch about the accountant who wants to change career :) ie lion taming via investment banking certainly being 50+ sucks to get work, having similar problems myself
Aw, don't regret your choices - "IF my Aunt had balls she'd be my Uncle" as my Dad used to say. You always make choices true to yourself at the time. Hindsight is a wonderful thing but torture is the flip side of that coin if you think your life would only be better "IF you'd"... Keep trying, it's only been 4 months. My "over qualified" husband is nearly 2yrs on in your current situation. It sucks! Thank you for sharing. Will be watching closely. Good luck with the news channel. Fingers crossed for you x
You would have more regret not taking the road lesser traveled. People who have stayed in one corporate career their whole life often have regrets about the way they've spent their life. I wouldn't overthink it. You are where you should be and where you are. I've been happy with most risks I've taken in my life and often wished I would take more because I tend to be very cautious.
I think your RUclips channel is going to keep growing. Would you consider still being involved in property accounting remotely for UK entrepreneurs? There are tons of investors needing guidance and happy to pay,
Every job has domain specific skills and knowledge. You you should start by learning how to learn, problem solving, decision making, communication skills and other general skills that can be used in every job. Learning how abstraction works in computer science is probably the most important principle I have learnt and principles can be used in serval contexts.
Hi mate, 42 years old software engineer here. I believe your content summarises very well what every professional in my sector and age is concerned about. I think office jobs in general have been suffering from the gerontophobia associated to HR common policies since long. Usually the individuals of HR departments are subtly encouraged to get biassed by dress code, age, gender, etc. Unfortunately they miss great professionals as a result that would have added uncountable value to their teams otherwise. I'm sure you'll find something at some point soon but if you don't, I think there's still market for more accountant companies anywhere in the world (other than Manchester area) in case you ever decide to start your own
Its hard to know at the time, alot of people just get carried along by the momentum of their schedule. I definitely stayed in London about 5 years too long but finally got out of there thank goodness!
I started working in a bank at 18 in the late 80s. It was a dying bank and no longer exists . The place was run by middle aged house wives whose husbands had good jobs elsewhere. I lasted a decade before leaving the 'security' of that job. I struggled for sometime before becoming my own boss and calling my own shots. Ageism is alive and kicking in many industries. When you get to your 50s your career is over. What are you working for? The money? The status? Something to get out of bed in the morning for? There's a lot of reasons, but make sure yours is the right one for you
Hindsight is a wonderful thing. The grass always looks greener. Personally I'd have stayed where the final salary pension was offered and had hobbies away from work to bring enjoyment. I'm a FC, 41 years, work from home, spend lots of time with kids, have a dog. No interest in going any higher. Spent a few years prior to this in a systems role which I enjoyed but to continue would have required similar to perhaps your move to the estate agent. I plan to stick this out, take my 40 days holiday and increasing pension contributions and get out at 55 and drive a van or something 😅. Fingers crossed no bumps in the road. Edit to add I've just recruited a 55 year old and it is working out great. I personally never look at the age. But I agree with your earlier video that the workforce is generally under 45.
Today's clients and business rivals could be your next employer - it's easy to forget about networking when things are going well but this is the best time to network.
Perhaps this comes with age and a lot of hindsight - but I really hope that younger people watch this and learn from it. That turning point that you describe - and I get what you mean about going with your heart or your head. But I think (again with the benefit of hindsight and my experience in life), that going with the next big thing and following the crowd (as you said, everyone was into property - though thankfully not me) is usually not the right thing to do; in my experience. I have always been a contrarian and most of the time, I dont follow the crowd or the latest big thing that everyone is into. With age and experience, I have learned (luckily in my early 40s) that focusing on the career path and earning seniority is just the first part of the equation. The really important part of making sure you increase your disposable income as you do this - that is, just because you earn more, don't spend more. That disposable income, invested wisely (investments, pension etc) will be the life-saver when you are older. That's for younger viewers of this channel. For you mate - I really hope you get your next job, but even more than that - a lot more than that, I hope you grow this channel and start to earn a good living from it. I would think about other things that people of our age group will be interested in and find useful and add videos on those topics as well. I think on YT, our generation of viewers are probably more of an untapped audience than other age groups and I hope you tap into that and can say within a year, that you dont need a job. I also mentioned in comments on one of your other videos that if you can have access to a modest lump sum and you have an idea for a business - I would look into it, test it out on paper (Excel - you are an accountant) and see if that works for you.
I think hindsight is always easy, if you had stayed on your cooperate job in a different universe, you could making a video about the stress the cooperate world has given you and that you regret not going for properties. I think do what you love, but also figure a way to monetise it. And before you can monetise it, don't leave
I’m only 25 and I worry about making the wrong career choices that will bite me down the road. What advice would you give to my generation about securing your future? Would you say that time in one place is better than constantly job hopping?
Learn a trade like plumber, electrician or gas central heating engineer. These are the jobs that can't be outsourced or done by AI. Wish I'd done a trade instead of IT.
You CANNOT secure your future. Sorry but grasp that simple fact and accept insecurity. Apart from that find out what you really enjoy doing and pursue that
If you’re a qualified accountant, ACCA or ICAEW you could join an audit firm (not the big ones) or start your own audit or consulting firm. Finding job at that age is really tough but not impossible. Lower your expectations as well as times have changed significantly. You also need to evolve, learn new skills or else it’s hard to sell.
Why don’t you start as an accountant for small business? Self employed. My wife is self employed and looking for an accountant to help out with optimising tax returns. Whether to set up as a company and file returns every quarter or stay on simplified returns.
I don't entirely subscribe to the idea of "following your heart"; a better approach, which has served me very well, is to close your eyes, and search around in the darkness, until you find your fundamental self. Once there, you will be able to feel where your strengths are, and also where there is the least amount of resistance. Go with that, letting it guide you to the perfect industry and position, and you will fly up the ladder, regardless of age.
Don't beat yourself up. You did nothing wrong. We live in a crazy, unpredictable world now, everything is upside down to what it used to be. We couldn't have foreseen this. We used to be told "don't change jobs too often, it will look bad on your CV." Now apparently employers don't like candidates that have spent a good few years in the same job/company. Stable employees aren't desirable anymore. You're meant to be a maverick I think. 180° change compering to ~15 years ago. What I would say to myself in 2005 is the West is in decline and having a career in a company/climbing a corporate ladder is a thing of the past.
please make your videos longer, it is interesting listening to you. why cant you consider youtube and social media as permanent job, you can teach English and explain some English culture, people would love 100%.
Hi I’m experiencing similar. Just over a year unemployed now longest time I’ve been unemployed since I started work as 14 year old. I’m professional carved a particularly career not quite PR not quite media but government and planning. I’ve been doing deliveroo since 2019 never intended that to be a full-time job but is my only source of income atm. It’s noticeably different this time and it’s scary and I’ve become aware of the decline in the uk. I’m keeping my mind as open as I can and open to new experiences and opportunities. I’m also in Manchester but a bit younger than you I don’t think I can access my private pension til 57 I’m 45 this month. Stay focused we could open a care home for underemployed old white guys? ;)
Get a lodger or AirBnB one of your rooms? Speak to the local language school and rent a room to international students. Another thing is do a TEFL and teach English as a foreign language.
I suspect qualified accountants were short in supply back then. But i honestly dont think you would become the FD if you stayed. I can say im on the safe path as you described for an accountant. Very few accountants can fill a FD role which requires unique skill sets mentality. You dont have it. Neither do i. No need to regret the choice you took 20 years ago.
If you have worked in IT go open an msp it sucks that you have to make yourself a job but top industries have become cutthroat with hiring and have age discrimination so they can just use and abuse younger workers who aernt as financially secure as you also the situation is becoming similar to China i heard they have a age 40 cutoff there aswell sadly.
I don't think you made a mistake at age 30 if I fully understand the situation. Have you considered working for the Public Sector? My friend of 30 years is a qualified Accountant and works for the NHS in a managerial role, same age as me - 46. I myself have worked for an NHS Trust with 10 years service. Left that job in 2022 because I disliked the changes to my job role and it was affecting my mental health. Nevertheless, the NHS were a great employer. The interview questions can be tricky but they or another public sector org are less likely to discriminate on age than a private sector employer.
hi friend . how are you .i hope you are good. i am from Turkey and i had been to Plymouth for my english education in 2000. i think you must change your location to set new life. it could be Turkey or another one. There are a lot of english citizens in Turkey . At the same time Turkey is very cheap for you due to currency rates. Your speaking is very clear maybe you can give an english lessons in Turkey. Best wishes from Turkey.
Hi William I am sorry to hear that and I wish you all the best of luck in looking for a role that suits your talents. Looking at this situation I really feel sad at the waste of skills that are not being used very sad indeed
No. You didn't make a career mistake. If you have only Ups and no Downs, 'Fade To Grey' would never have the same level of connection with the audience. Lots of British white-collar working slaves like myself want to know the reality about our job market, 'Fade To Grey' is so relevant that listening to an accountant (supposed to be one of the most boring professional on planet earth) talking about his life story actually makes a great utube channel
Isn't it more about your pension planning during these moves over the moves themselves? ie: you didn't contribute enough? I was in financial services for 35 years and hated it with all my being...but what I did do was plan to ensure I was out of it at 55. 35 years of pain for hopefully 25-30 years of complete freedom.
@@VicFlange not entitled to anything if you have over £16k savings, reduced if you have over £6k, and if you have a mortgage you won't get the housing element and will only get £80/week.
@@user-Wojciech That's Universal Credit, if you've over £16k savings you can't get it. But you're entitled to job seekers allowance what ever you have, but only for 6 months. I claimed it after being made redundant.
Check at oversea work Oman dubia companies want experienced workers Look at lecturing Associate lecturing at local Universities Look at College tutors Look at Open University teaching on Accountancy Courses many levels Level 1 to Level 4
Im 60 just closed my removal business after 22 years, not financially well off, tbh im just surviving atm, i just couldnt do the job physically anymore, if you look back we have all messed it up at some point, i couldnt have fucked mine up any more if i tried, so understand your situation
As the director/owner of a startup in the 90's... the most important thing I would have hammered into my noggin would be... (1) be careful who you trust (2) always keep friends/family and business as completely separate entities... never mix the two, as once money becomes part of the equation.. the whole dynamic changes beyond repair.
Great series of videos, by the way... I was starting think it was only me experiencing all this
55 years old no mortgage some BTL Properties, debt free and in a steady job no guarantees though it will last. Looking to retire at 60. I’ve made many mistakes in my career and would do things much differently today. I tried starting a business that failed 10 years ago. Fortunately I came out with no debts after paying everything and everyone off. My conscience is clear. Would I do it again. Probably… but I’ve learnt some valuable lessons. Sometimes the grass isn’t always greener. When you find a job you like stay until you’re not needed. And save for a rainy day.
This is for sure my last job. Sitting it out as long as I can until 60.
I have been in the print trade since i was 17 been made redundant twice was made redundant in march at the age of 56
The print trade is on its knees due to technology/ paperless society
I always concentrated to pay off my mortgage asap due to how dodgy the trade is and managed to pay it off in my early forties it is only a humble ex council house i suggest whoever reads this and whatever trade you are in concentrate on paying your mortgage as no 1 priority
I don't agree with this - a mortgage is a cheap loan - if you'd put your money into bitcoin 10 years ago instead of paying off yor mortgage you'd be a multi millionaire by now.
@@johnworfThat’s like saying if you’d bought Nvidia stock ten years ago you’d be a multi millionaire. Paying off the mortgage is a worthwhile goal.
@@VicFlange true - but if i had my way i would rent and buy bitcoin now rather than sink your money into a house which is unfortunately what i've done! Bitcoin will double in a year easily.
@@johnworfnot a wise investment. Governments are currently working on CBDCs which could quite conceivably reduce demand for bitcoin and tank the market
@@WillyJunior Sounds like your listening to the media too much. Don't forget even large institutions are buying bitcoin like blackrock and fidelity. Bitcoin will be a million dollars by 2030...but you sit on the sidelines and hold onto your cash which is worth 10% less each year.
I'm at a similar age to you and at 21 had a 'safe' job in the civil service...hated it and left after 2 years. I then took a job at the Nissan car plant ( well paid, final salary pension, etc ) and left after 13 years to become self-employed. People thought I was mad ! Im still self-employed 20 years later, albeit a bumpy road at times but happy.
There's a saying..." Never look back.. you'll miss what's in front of you "
I'm 56 and in embedded software in the defence industry. I gonna do 4-5 more years. I don't want to work full time after 60. Unfortunately, software doesn't lend to part time work. Anyway I've almost had enough. Time to start enjoying life more. I had a crazy flirtation with osteopathy and trained as an osteopath 30 years ago. I got the qual but never practiced. I think I'm gonna go with my heart and do an MSc Physio conversion course and then start my own clinic in my garage doing part time work.
Listening to your videos makes me reflect and think about my future. My wife likes the "software" money but it's time to pack up soon.
Do you dislike your job?
In my late 40s, I made a choice (my body and mind gave me no choice) and I bailed on a non-contract full-time gig. I was at that job for six years. The boss finally pissed me off to the point of no return. I was out the door in ten minutes. Since then I went to community college with 20-somethings and after that got into a communications (mainly writing anything) role that has lasted, with luck, for six years so far. My point: when you gotta go, you gotta go.
@argopunk that's why I like contacting at the end or before you can leave and it's never difficult plus you don't have to justify for gaps in CV which permanent staff are measured against.
Even if you had stayed in that permanent job you were talking about. The outcome may have still been the same. Its sounds like you have been happier following your heart.
personally my twenties were mostly consumed by functioning in society whilst my inner self got stuck on processing childhood trauma. i'd advise my 30 year old self to look at healing his inner child ten years prior because apparently time is non-linear.
I’ve been processing that inner struggle every single day of my own career. While everyone else is totally focused, I’m painting some hella amazing mental landscapes.
I can relate to this too.
Your past is a path to where you are today…. looking back is not helpful, but learning from it is.
Im a professional musician. 53 years old. Your story sounds like a picnic. If i had my time again I'd go down the safe route.
i’m a programmer of 16 years wanting to become a musician
Myself and others on the other side of your coin - conclusion - neither great
Problem is its a totally different world than back in the 80s / 90s , I'm 56 ,back in the early 90s I was a factory worker on 15 k a year, could afford a 45k mortgage on my own . The young generation don't stand a chance to get on the housing ladder when average house prices where I am Wirral are 260 k.
Thanks for acknowledging this, when I recruit new graduates for my team I can't help but think they are even more fucked than us millennials. And how to keep them interested when they are paid peanuts. I feel powerless sometimes
Similar age and position to you, although worked in public sector. When I bought my first house, for many years I didn't have the latest TV, mobile phone, wear designer clothes, have a new car on PCP or eat out regular. I had hand me downs, an old car, holidayed in the UK, consumed a lot of pasta and used a Switch card not multiple credit cards. A lot of todays generation would not want to live like this to afford a house.
It all went wrong when the banks allowed people to borrow more than 3.5 their salary
260k is doable on the average Wirral salary if you're responsible with money
@@greenzero3389 no, even doing everything you did would not buy a home these days. My kids are living like you did, extremely frugal, saving every penny, it’s still impossible because times are different.
Iteresteing this, have subscribed, I have commented before, I went down the less stress route, went back to college, I don’t do anything I worked for in college (did for a while) now work for a global company ( physically demanding 😧) but I have been here 4 years, no stress, go home and forget, not dissing the job, but a lot to be said for that, happy days 👌🏼
I should have added I did have a high pressure, well paid job in Print, I don’t miss it 👋🏼
Loved the thumbnail for this. I had such a great head of hair back then to 😄! Recently subscribed. I'm now 62 and retired from my work in television production in November of last year. Don't get me started on ageism in that profession! However, I'm happy I left and now on the look out for something much less stressful and probably part time. My wife has a good job, so thankfully our financial situation is ok. However, being over 60 is proving to be quite an obstacle at the moment that is for sure!
Still got all my hair at 48 … yippeeeee
I hope you find a career path forward soon and get to where you want to be. I made a couple of critical career decisions in my 30s that were high risk and involved moving my family up and down the country. Things worked out but I didn’t know that at the time. We can only make the decision we feel is best at the time, and avoid reflecting on what could have been. Ultimately it’s speculation, as we will never truly know. Most people who change direction gain experience, learn something about themselves and end up better for it.
Hindsight is always 20/20 and to reflect upon actions taken many years ago is a fools errand unless advising the next gen. I moved countries twice, career change at 35 with years of studying, young family, mortgage, working 6 days a week for 7 years, , moved country again. did the corporate ladder BS to the top, and then chucked it all in in 2018 to start my own consultancy business - again a leap of faith at aged 50.. No pain, no gain. Finishing next yr, live simple, get rid of debt!... Don't know your circumstances but sometimes be radical man and live life!, You seem to have a nice house, think about selling up, buying a 10k camper van and seeing your RUclips channel go to 100k subs. Property market is forecast to crash 30% in 2026 when the 75% of all current mortgages expire from their current low rates and people have to remortgage - Its going to be brutal - And you will be cash heavy ready to buy back in - I'm rambling sorry - But think outside the box Bro.
I think you're right that advice is only useful for future generations and not yourself. I advised my young adult daughter to follow her dreams and interests. She leans very much to the creative side. A standard 9 to 5 job will probably kill her. I have creative leanings but chickened out of pursuing them long ago in the past and ended up with a messy career where I've done work just for the money and that ultimately grinds people down
Id love a crash😍
This
Basic economics 👍
I started off doing accounts. I got to hate it with a passion.
You could have been made redundant or replaced if you'd stayed in that first job. Make a decision and stick to it.
Likely to end up in your situation soon - having taken the ladder path ("get a good job, work hard, have security, progress, reap the rewards"). Wish I'd done the things that interested me as opposed to being a wage slave. The potential insecurity of that hasn't been negated on the corporate ladder.
I'm 30 now, I'm about to quit my job (software). I've simply just had enough. Tired of being treated like a slave, rude people, petty office politics, and they would replace any of us at the drop of a hat if they could save a buck by sending our jobs overseas and if they can't do that they'll just bring in more immigrants. Even "good" pay today isn't enough for a house, family or anything. I guess you just need to be happy with a roof over your head and some food in your belly these days.
I have some savings, I will see how the world looks in year or two. I don't really care anymore. They treat us like disposable robots, that's what they'll get. They've destroyed our society, country & culture to save a few pounds. I hope it was worth it.
I am nearly twice your age and I can tell you that the situation will never change. You need to be your own boss and call your own shots. You are young enough and experienced enough to make it happen
Careful what you do without a strategy
@@miamitten1123 absolutely right
share your comments totally . experiencing similar . i only wish i had a property but still renting so makes it worse
what country are your bosses from?
These vids are very interesting. Thanks for sharing.
No point second guessing yourself - you made the best decision you could at the time, end of story.
Yes totally remember when I made a hugecareer mistake … and indeed I’m 50 and unemployed now. Regret it so much.
I clicked so fast! 😅 Im enjoying your content 😊
A huge mistake? You have a house and enough financial means that also allowed you raise kids. How is that a financial or career mistake? I'm late Gen X but got priced out early (in London) so missed the property boat and can only dream of your life. I do understand you can trace back to a potentially better path and I can do that too but the path I ended up taking is what defines me today so no major regrets.
I can sympathize or empathize with you. I am around your age and always worked my entire life. I lost my job Nov 24 and was able to secure several interviews however only got one offer after 6 months , then after accepting received a second offer. The 6 months off was no vacation. I was very stressed and feel extremely fortunate to have found a job. Just don’t give up , I know it sounds cliche but the right thing will come along
definitely go with your passions the corporate world doesn’t give a toss about you
The world was very different in the 90s and 2000’s, I’m sure if I’d stayed in an office job there’s a good chance I’d be in the same position as you now, I’m a self employed spark at 57 and pay both a book keeper and separately an accountant to do payroll and end of year, I had real issues getting a book keeper, they usually manage around five or six as a lifestyle job, could be an option as your already half way there by being set up as self employed.
What’s the point of looking back and regretting life choice? That’s all behind!
It’s a process, hits some more than others
Also you are at exactly where you should be based on decisions. No regrets you get one life and it sounds like you actually enjoyed your work and that’s more important at the end of the day that been stressed out in some large corp where they could just make you redundant anyway
What a great video . Impressed with your life story reg work , if you can call it that. There is a greater confidence in you now , so keep the content coming . We all make mistakes in the jobs market . Sometimes the job is not covered enough at interview stage and then the job role goes t... up , with changes from management etc. Also you get asked to do more and more .
You shouldn't think about this too much.
I'm a lawyer that branched into tech with the pandemic situation...
Is it the right path? Impossible to know, but I've landed a job in a bank and I'm having the most stable income of my life, even compared to a like 95% of my friends who graduated with me.
If I get fired in the next big crisis, I could not go back and say it was a mistake. In this life you don't have many chances and the path is never clear.
56, in IT all my career with managerial, project management as well as technical experience.
Now having to jump from job to job (even internal roles) to try to make sure I have a level of stability till 65 as that is when my kids will be 18. (Started late).
I suspect the security I'm looking for will elude me and I'll be struggling more and more over the next 9 years.
These days, qualifications is one thing, but job requirements are getting more and more demanding when it comes to other skills. So we should always evolve when it comes to skills.
I think if you an put up with the corporate bullshit which I did for 35 years and ended up getting made redundant twice with two great severance deals and good pension schemes which I now draw on having been employed by banks/insurance companies it’s worth it in my view as it enabled me to retire at 59 and it’s the best thing I ever did
When people ask me what I do I simply say what ever I want’
I realise it’s not the same for everyone and hope you find what you are searching for mate
It’s tough for older workers of all abilities out there and there is ageism out there as I have experienced it first hand
Great video love your work as it is really interesting and highlights the problems for many people
P
Well done
I enjoyed my early career. Next door to where I worked, and on the same premises was a flight simulator company, the real deal, not computer games. The people were clever and so inspiring. I wish back then when I young and foolish, that one I’d never taken on a credit card and secondly when my position was made redundant that i had returned to university and gone as far as I could.
I also face discrimination for being 'over-qualified.' I was advised to dumb-down my CV to increase my chances of getting an interview. It worked until people asked me if I could tell them in more detail what I'd been doing for the last 35 years. Then I could see the blood drain from their face. I'm in a no-win situation.
Only put 15 - 18 years on your CV. If you dumb down your CV then you need to dumb down your interview answers to match
I feel for you but lets be honest someone born in 1968 is far better off than someone born in 1998. You could buy a house for £40k and then from 2008 you paid incrediblely little interest rates for well over a decade. From a 34 year old point of view still living with mum and dad. Subscribed
Sorry but you're wrong there. At left home at 16 and lived in a dump called a bedsit, they really were shit. The first property boom happened in the mid 80s, and with no minimum wage you had to have a decent job to afford a deposit and mortgage. Only the gifted went to university, it might have been free but you also had to be very clever to go. People talk as though everything was brilliant. 3.4 million people were unemployed in the 80s.
@@jonnyhost3795 completely agree with you. I wish I could go into a time machine more for the music than anything.
@@jamiejack764 A pint was 68p in nightclub, pubs were full and nightclubs were, even on midweek night Wednesday and Thursday. I had the best time of my life in the 80s, all new technology it was mint. I don't own a house, and never. Now it's shit and boring and I hate to be a young person now.
I agree the 80s were great, I would not like to be young now, there's nothing for them, but there again it was not all plain sailing, then times were hard as well
@@glenmason1876 Yeah, I remember older people in the 80s saying to me they'd hate to be young now. Remember the song from TheThe, The Beaten Generation and Thatcher. Young people are boring now and social media has made them embarrassed to be skint and struggle.
I have really struggled to find a decent accountant. Could you get your own clients and be self employed or is there too much red tape to get started ?
it may be a good time to retire.... i would if i got this opportunity! there is only so much time we have on this planet.
There is no 'one size fits all' for people. People have different ambitions and aspirations at different times of their lives. I have made many mistakes in my career, but that's life - you make mistakes and you learn from them.
I had a friend who was told he was "overqualified" and he told them to exploit him. They hired him. And he liked the job. It wasn't that long ago, so perhaps it could work today.
You should have gone into the public sector, preferably the NHS. You would have been director of finance now with say an NHS Trust, looking forward to retirement and a massive lump sum and gold plated pension. Que cera.
Yes and in the NHS there isn't even a requirement to be good at your job and manage NHS money responsibly. As long as you're spending it all, the bosses would've been happy!
U make me sick public sector pampered twat
Projects and programmes are always recruiting for 'Finance Business Partner' contractors.
Wow Well done i wish i had the nerve . its definitely a topic to be discussed . i see on linked in what peoplee are going through with no jobs for months even up to 2 years . i was relieved to know am not the only one going through this . i think its imigration causing this in my field because a lot of the projects are outsourced to India who are willing to take crap money for a job that ive invested a lot of money with training to get myself to where i am but some have made it a penny job
Have you seen that Monty Python sketch about the accountant who wants to change career :) ie lion taming via investment banking
certainly being 50+ sucks to get work, having similar problems myself
More to this story than this. Getting into property late 90s, how could you have not made bank? Did you spend it / lose it elsewhere?
Aw, don't regret your choices - "IF my Aunt had balls she'd be my Uncle" as my Dad used to say. You always make choices true to yourself at the time. Hindsight is a wonderful thing but torture is the flip side of that coin if you think your life would only be better "IF you'd"... Keep trying, it's only been 4 months. My "over qualified" husband is nearly 2yrs on in your current situation. It sucks! Thank you for sharing. Will be watching closely. Good luck with the news channel. Fingers crossed for you x
You would have more regret not taking the road lesser traveled. People who have stayed in one corporate career their whole life often have regrets about the way they've spent their life. I wouldn't overthink it. You are where you should be and where you are. I've been happy with most risks I've taken in my life and often wished I would take more because I tend to be very cautious.
I think your RUclips channel is going to keep growing. Would you consider still being involved in property accounting remotely for UK entrepreneurs? There are tons of investors needing guidance and happy to pay,
Every job has domain specific skills and knowledge.
You you should start by learning how to learn, problem solving, decision making, communication skills and other general skills that can be used in every job.
Learning how abstraction works in computer science is probably the most important principle I have learnt and principles can be used in serval contexts.
Hi mate, 42 years old software engineer here. I believe your content summarises very well what every professional in my sector and age is concerned about. I think office jobs in general have been suffering from the gerontophobia associated to HR common policies since long. Usually the individuals of HR departments are subtly encouraged to get biassed by dress code, age, gender, etc. Unfortunately they miss great professionals as a result that would have added uncountable value to their teams otherwise. I'm sure you'll find something at some point soon but if you don't, I think there's still market for more accountant companies anywhere in the world (other than Manchester area) in case you ever decide to start your own
Its hard to know at the time, alot of people just get carried along by the momentum of their schedule. I definitely stayed in London about 5 years too long but finally got out of there thank goodness!
I started working in a bank at 18 in the late 80s. It was a dying bank and no longer exists . The place was run by middle aged house wives whose husbands had good jobs elsewhere. I lasted a decade before leaving the 'security' of that job. I struggled for sometime before becoming my own boss and calling my own shots. Ageism is alive and kicking in many industries. When you get to your 50s your career is over. What are you working for? The money? The status? Something to get out of bed in the morning for? There's a lot of reasons, but make sure yours is the right one for you
Hindsight is a wonderful thing. The grass always looks greener. Personally I'd have stayed where the final salary pension was offered and had hobbies away from work to bring enjoyment.
I'm a FC, 41 years, work from home, spend lots of time with kids, have a dog. No interest in going any higher. Spent a few years prior to this in a systems role which I enjoyed but to continue would have required similar to perhaps your move to the estate agent. I plan to stick this out, take my 40 days holiday and increasing pension contributions and get out at 55 and drive a van or something 😅. Fingers crossed no bumps in the road.
Edit to add I've just recruited a 55 year old and it is working out great. I personally never look at the age. But I agree with your earlier video that the workforce is generally under 45.
Today's clients and business rivals could be your next employer - it's easy to forget about networking when things are going well but this is the best time to network.
Perhaps this comes with age and a lot of hindsight - but I really hope that younger people watch this and learn from it. That turning point that you describe - and I get what you mean about going with your heart or your head. But I think (again with the benefit of hindsight and my experience in life), that going with the next big thing and following the crowd (as you said, everyone was into property - though thankfully not me) is usually not the right thing to do; in my experience. I have always been a contrarian and most of the time, I dont follow the crowd or the latest big thing that everyone is into. With age and experience, I have learned (luckily in my early 40s) that focusing on the career path and earning seniority is just the first part of the equation. The really important part of making sure you increase your disposable income as you do this - that is, just because you earn more, don't spend more. That disposable income, invested wisely (investments, pension etc) will be the life-saver when you are older. That's for younger viewers of this channel. For you mate - I really hope you get your next job, but even more than that - a lot more than that, I hope you grow this channel and start to earn a good living from it. I would think about other things that people of our age group will be interested in and find useful and add videos on those topics as well. I think on YT, our generation of viewers are probably more of an untapped audience than other age groups and I hope you tap into that and can say within a year, that you dont need a job. I also mentioned in comments on one of your other videos that if you can have access to a modest lump sum and you have an idea for a business - I would look into it, test it out on paper (Excel - you are an accountant) and see if that works for you.
I think hindsight is always easy, if you had stayed on your cooperate job in a different universe, you could making a video about the stress the cooperate world has given you and that you regret not going for properties.
I think do what you love, but also figure a way to monetise it. And before you can monetise it, don't leave
I’m only 25 and I worry about making the wrong career choices that will bite me down the road. What advice would you give to my generation about securing your future?
Would you say that time in one place is better than constantly job hopping?
i don't think you can stick to one type of job anymore - best to have multiple income streams so if one goes down you have another 4!
Learn a trade like plumber, electrician or gas central heating engineer. These are the jobs that can't be outsourced or done by AI.
Wish I'd done a trade instead of IT.
@@hendongooner7383 yes electrician is good - watching some good youtube channels on fixing broken electric goods at the moment - wish i could do that.
@@hendongooner7383 competition for jobs which cannot be outsourced abroad easily will be very high
You CANNOT secure your future. Sorry but grasp that simple fact and accept insecurity. Apart from that find out what you really enjoy doing and pursue that
If you’re a qualified accountant, ACCA or ICAEW you could join an audit firm (not the big ones) or start your own audit or consulting firm. Finding job at that age is really tough but not impossible. Lower your expectations as well as times have changed significantly. You also need to evolve, learn new skills or else it’s hard to sell.
Why don’t you start as an accountant for small business? Self employed. My wife is self employed and looking for an accountant to help out with optimising tax returns. Whether to set up as a company and file returns every quarter or stay on simplified returns.
I don't entirely subscribe to the idea of "following your heart"; a better approach, which has served me very well, is to close your eyes, and search around in the darkness, until you find your fundamental self. Once there, you will be able to feel where your strengths are, and also where there is the least amount of resistance. Go with that, letting it guide you to the perfect industry and position, and you will fly up the ladder, regardless of age.
I'm currently in that darkness. No clue what I want to do with my life. Sick of accounting, but haven't found inspiration in anything else yet.
Don't beat yourself up. You did nothing wrong.
We live in a crazy, unpredictable world now, everything is upside down to what it used to be. We couldn't have foreseen this.
We used to be told "don't change jobs too often, it will look bad on your CV."
Now apparently employers don't like candidates that have spent a good few years in the same job/company. Stable employees aren't desirable anymore. You're meant to be a maverick I think. 180° change compering to ~15 years ago.
What I would say to myself in 2005 is the West is in decline and having a career in a company/climbing a corporate ladder is a thing of the past.
Great vid
please make your videos longer, it is interesting listening to you. why cant you consider youtube and social media as permanent job, you can teach English and explain some English culture, people would love 100%.
Hi I’m experiencing similar. Just over a year unemployed now longest time I’ve been unemployed since I started work as 14 year old. I’m professional carved a particularly career not quite PR not quite media but government and planning. I’ve been doing deliveroo since 2019 never intended that to be a full-time job but is my only source of income atm. It’s noticeably different this time and it’s scary and I’ve become aware of the decline in the uk. I’m keeping my mind as open as I can and open to new experiences and opportunities. I’m also in Manchester but a bit younger than you I don’t think I can access my private pension til 57 I’m 45 this month. Stay focused we could open a care home for underemployed old white guys? ;)
Good luck can make ageism a popular
Good luck with gb news perhaps you make ageism a popular topic to discuss in the media
Get a lodger or AirBnB one of your rooms? Speak to the local language school and rent a room to international students.
Another thing is do a TEFL and teach English as a foreign language.
I suspect qualified accountants were short in supply back then. But i honestly dont think you would become the FD if you stayed. I can say im on the safe path as you described for an accountant. Very few accountants can fill a FD role which requires unique skill sets mentality. You dont have it. Neither do i. No need to regret the choice you took 20 years ago.
If you have worked in IT go open an msp it sucks that you have to make yourself a job but top industries have become cutthroat with hiring and have age discrimination so they can just use and abuse younger workers who aernt as financially secure as you also the situation is becoming similar to China i heard they have a age 40 cutoff there aswell sadly.
I don't think you made a mistake at age 30 if I fully understand the situation.
Have you considered working for the Public Sector? My friend of 30 years is a qualified Accountant and works for the NHS in a managerial role, same age as me - 46.
I myself have worked for an NHS Trust with 10 years service. Left that job in 2022 because I disliked the changes to my job role and it was affecting my mental health. Nevertheless, the NHS were a great employer. The interview questions can be tricky but they or another public sector org are less likely to discriminate on age than a private sector employer.
hi friend . how are you .i hope you are good. i am from Turkey and i had been to Plymouth for my english education in 2000. i think you must change your location to set new life. it could be Turkey or another one. There are a lot of english citizens in Turkey . At the same time Turkey is very cheap for you due to currency rates. Your speaking is very clear maybe you can give an english lessons in Turkey. Best wishes from Turkey.
How about using your video channel to drive sign up with an E-petition that reach over 100,000 signatures are considered for debate by government ?
There could be large numbers of unemployed former Tory MPs wanting presenting jobs on GB News after the general election.
Good job. Im in a simular spot.
Hi William I am sorry to hear that and I wish you all the best of luck in looking for a role that suits your talents.
Looking at this situation I really feel sad at the waste of skills that are not being used very sad indeed
Id say forget IT and learn a trade, plumber, electrician, plasterer. Get some exp in a firm then go freelance.
No. You didn't make a career mistake. If you have only Ups and no Downs, 'Fade To Grey' would never have the same level of connection with the audience. Lots of British white-collar working slaves like myself want to know the reality about our job market, 'Fade To Grey' is so relevant that listening to an accountant (supposed to be one of the most boring professional on planet earth) talking about his life story actually makes a great utube channel
Keep health good keep positive change is good stayed in job 21 years I advise son to move from Job to Job
Is that firm you left going strong still?
New friend here. Sending support ❤
Isn't it more about your pension planning during these moves over the moves themselves? ie: you didn't contribute enough? I was in financial services for 35 years and hated it with all my being...but what I did do was plan to ensure I was out of it at 55. 35 years of pain for hopefully 25-30 years of complete freedom.
I hope you’re claiming job seekers allowance? Doesn’t matter how much you’ve got in the bank, you’re entitled to it for 6 months.
Really? Last time they said It had to be under £16k. I Might be wrong
@@VicFlange not entitled to anything if you have over £16k savings, reduced if you have over £6k, and if you have a mortgage you won't get the housing element and will only get £80/week.
@@user-WojciechBest to rent if you have an insecure job. Spoiler Alert; we all have insecure jobs
@@user-Wojciech That's Universal Credit, if you've over £16k savings you can't get it. But you're entitled to job seekers allowance what ever you have, but only for 6 months. I claimed it after being made redundant.
Overqualified or
Face don’t fit
Name sake
Know too much
Threat to the hierarchy
There might be more opportunities in London…
Don't be so sad. Tell if you applied for another jobs.
Check at oversea work Oman dubia companies want experienced workers
Look at lecturing Associate lecturing at local Universities
Look at College tutors
Look at Open University teaching on Accountancy Courses many levels Level 1 to Level 4
WEA organisation that runs courses for Adults look at opportunities to teach
GB news? Why them?
Just to say-be careful of Flexjobs. I got bit