40’s Makeover, FLMA, & Family $ Crises

Things to consider before you go back to school in your 40’s to makeover your career:

1. As you blissfully skip down that road to success, with your new diploma & new job, remember that YOU are NOT new. Your new benefits package may not include enough paid time off for any number of extended medical needs an older body may have.

2. Small employers, the personal employers, who know you and care about your family… are often NOT large enough to be obligated by FLMA. Even if you are financially stable enough to survive a few weeks off without pay, your new small employer does not have to hold your job.

3. Losing your new job is not the end of the world. At least you have medical insurance for your new medical expenses… until you realize most small employers are also not required to extend COBRA benefits. If you are lucky, your new medical needs are from a one-time event with speedy recovery. It is definitely NOT cool to be diagnosed with an inhibiting lifelong health problem that needs maintenance, then lose your job, then your medical insurance…

Of course, if your career path doesn’t provide these benefits anyway the improvement is worthwhile.

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