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How to make a career change after 60

<p>Those facing redundancy or who need to upskill in their career could get a leg up thanks to a new Australian Government program.</p> <p>The Skills Checkpoint Program provides eligible Australians with assessment, advice and guidance on transitioning into new roles within their current industry or pathways to a new career, including referral to relevant education and training options.<span> </span></p> <p>The program is available to those aged 45 to 70 who are employed and at risk of entering the income support system, or recently unemployed and not registered for assistance through an employment services program.<span> </span></p> <p>Eligible participants in the program could receive up to $2,200 of funding for suitable training to help them make a career transition.</p> <p>Not-for-profit organisation VERTO runs the Skills Checkpoint Program in New South Wales, Victoria and the Australian Capital Territory, and VERTO chief executive Ron Maxwell said he is proud to support older Australians to stay in the workforce.</p> <p>"The Skills Checkpoint Program is a great opportunity to help eligible older workers to upskill in their current roles, or learn new skills so they can transition to different career pathways," he said.<span> </span></p> <p>Mr Maxwell said that changes in the workforce, particularly around technology, mean many people have to regularly upskill to stay relevant in their career paths, or are facing uncertain times.</p> <p>"Transitioning into new roles or careers can be stressful for individuals, and the program is aimed at providing support and assistance throughout that journey," he said.<span> </span></p> <p>"Through the Skills Checkpoint program, a consultant will assess participants to determine the participant's current skills and areas for improvement. They will also create a career plan outlining job opportunities, training options and incentives available to them."</p> <p>The government contributions will cover 50 per cent of the approved training up to $2,200, with the participant or their employer contributing the other 50 per cent.<span> </span></p> <p>And if you're still trying to figure out what your next career step is, you can also attend a career planning session through VERTO completely free of charge.</p> <p>"At the career planning sessions, we can go through the candidate's skills and look at where they are in life and what their goals are," said Mr Maxwell.</p> <p>"Then we can also look at the eligibility criteria for the Skills Checkpoint Program to see if they qualify, and if they do, we can match them to relevant training. So whether the candidate thinks they're eligible for the program or not, the career planning sessions are a great first step, and they're completely free."</p> <p>VERTO may still be able to assist individuals who are not eligible for the Skills Checkpoint Program through a variety of other services it provides such as its training and employment services.</p> <p>Employers who are facing restructure or downsizing are also encouraged to enquire about the program to look at how they may be able to redirect staff into training for a new role or upgrade their existing skills.</p> <p>To find out more about the program and see if you're eligible, contact VERTO on 1300 4 VERTO (1300 4 83786) or<span> </span><a href="http://verto.org.au/what-we-do/skills-checkpoint">VERTO Skills Checkpoint</a>.</p>

Retirement Life

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Tips for coping with redundancy when you’re 60-plus

<p>Redundancy is a real concern for people of any age bracket, but when you’re over 60 it can feel especially scary.</p> <p>For many people, the sudden trauma of having no money coming in can see them make some quick decisions that aren’t in their best interest.</p> <p>The best thing to do is in fact to wait it out before you make any big moves such as selling your car or moving house. If you have received a payout it can be tempting to spend up, or pay off debts, but in fact it’s best to wait and see that you can line up another revenue source first.</p> <p>At the same time you don’t want to ignore what is going on. If you have mortgage payments coming up for instance, now is the time to talk to your bank about what is going on. They can be very helpful if you give them all the facts.</p> <p>Check your super fund as some of them have life and sickness insurance or income protection insurance.</p> <p>There’s no need to feel too embarrassed to claim benefits from Centrelink. The funds are there to help get you through this tough time so it is worth finding out what you are entitled to. </p> <p>Be sure to ask your accountant about any tax implications as there are special exemptions for those who have been made redundant.</p> <p>Create a budget and stick with it while you plan your next move. Cut out any spending that is not essential, and be sure to remember to include regular bill payments such as health insurance or electricity.</p> <p>Now is your chance to decide what you really want to do. Use this time as an opportunity to determine if you want to find a new career path or continue down the same route.</p> <p><strong>Related links:</strong></p> <p><span style="text-decoration: underline;"><strong><em><a href="http://www.oversixty.co.nz/lifestyle/retirement-life/2015/12/how-to-mentally-prepare-yourself-for-retirement/">8 steps to mentally prepare yourself for retirement</a></em></strong></span></p> <p><span style="text-decoration: underline;"><strong><em><a href="http://www.oversixty.co.nz/lifestyle/retirement-life/2015/12/reasons-to-volunteer-in-retirement/">5 reasons to volunteer in retirement</a></em></strong></span></p> <p><span style="text-decoration: underline;"><strong><em><a href="http://www.oversixty.co.nz/lifestyle/retirement-life/2016/01/what-you-must-do-before-retirement/">The one thing you must do before retirement</a></em></strong></span></p>

Retirement Life

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