Launching an encore career can be a daunting task

03/25/2012 | Wall Street Journal, The

The transition to a second career later in life is typically a lengthy proposition -- and can be costly, according to the boomer-focused think tank Civic Ventures. On average, the transition to a new work life takes 18 months, while gaps in income are not uncommon. And 1 in 5 who say they'd like to launch a new career can't due to lack of a support system.

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Wall Street Journal, The