nash031
Thinks s/he gets paid by the post
My background story, due for an update soon, is here.
I plan to retire from the Navy in 18 mos at age 42. I think I still have more to give to a career path about which I am passionate, which is no longer my current one. Finances are in good shape; between my pension, our savings and my wife's continued income, there's no financial need for me to work, simply a desire to try my hand at something new. Thus, I'm considering a bridge career. (Side advantage: additional income from me could help DW and I achieve some "brass ring" dreams).
I'm kicking around a lot of options, from coaching runners and triathletes (high passion, low income, may be a side hustle anyway), to project management or certified financial planner/analyst. My background is a BS in Aerospace Eng., Master of Engineering Mgmt (kind of an MBA-lite with more systems eng/technical stuff and less econ/finance). Project mgmt probably falls more in line with my education and relevant work experience, but finance and specifically personal finance have long been interests of mine, hence why I'm on this forum and Bogleheads and read books on this stuff as often as I can.
So, to the question: any advice from CFP/CFAs or PMPs out there given a notional 7-10 year horizon for working? I'm not looking to invest six years in furthering education via Masters or PhD (being an actuary sounds really interesting, but I don't think I want to invest the time into the education under the circumstances), but am willing to go through coursework for additional certifications. PMP is a more direct path as my education directly translates, but it doesn't excite me that much. Income prospects are about the same in the long run, but PMP would be more lucrative early on and thus a better ROI.
I'm leaning CFP because even if I don't directly use it in a bridge career, it's something that helps me/us in the future.
Interested in any informed opinions. "Just retire, dude" thoughts are already there, and so need not apply to this thread.
I plan to retire from the Navy in 18 mos at age 42. I think I still have more to give to a career path about which I am passionate, which is no longer my current one. Finances are in good shape; between my pension, our savings and my wife's continued income, there's no financial need for me to work, simply a desire to try my hand at something new. Thus, I'm considering a bridge career. (Side advantage: additional income from me could help DW and I achieve some "brass ring" dreams).
I'm kicking around a lot of options, from coaching runners and triathletes (high passion, low income, may be a side hustle anyway), to project management or certified financial planner/analyst. My background is a BS in Aerospace Eng., Master of Engineering Mgmt (kind of an MBA-lite with more systems eng/technical stuff and less econ/finance). Project mgmt probably falls more in line with my education and relevant work experience, but finance and specifically personal finance have long been interests of mine, hence why I'm on this forum and Bogleheads and read books on this stuff as often as I can.
So, to the question: any advice from CFP/CFAs or PMPs out there given a notional 7-10 year horizon for working? I'm not looking to invest six years in furthering education via Masters or PhD (being an actuary sounds really interesting, but I don't think I want to invest the time into the education under the circumstances), but am willing to go through coursework for additional certifications. PMP is a more direct path as my education directly translates, but it doesn't excite me that much. Income prospects are about the same in the long run, but PMP would be more lucrative early on and thus a better ROI.
I'm leaning CFP because even if I don't directly use it in a bridge career, it's something that helps me/us in the future.
Interested in any informed opinions. "Just retire, dude" thoughts are already there, and so need not apply to this thread.