More and more adults are making the leap and going back to school as they get older. Whether it is to finish an incomplete mission, increase your net worth, or boost your quality of life, making the decision to expand your worldview can pay off dividends at any stage in life. Here are three of the most common reasons why adults choose to go back to school to finish a degree.
Increased Quality of Life
Making an intentional effort to enrich your education in your later years can lead to a higher quality of life as you age. According to research, the life expectancy for men and women with a bachelor’s degree is at least 10 years more than those without a degree. By creating new challenges for yourself, you will continue to remain mentally sharp while also encouraging optimal physical health. Unlike traditional college students, people who go back to school later in life are more mature and open to learning new things. There is a definitive new appreciation for knowledge as you age and grow more curious about the world.
Higher Income
Going back to school as an adult can help to keep you more competitive in the workforce. In today’s rapidly changing business world, it is imperative that you keep on top of the latest technology and work applications. Because many companies choose to bring in young and new talent, it is important to make sure that your skills do not become outdated. Keeping up with the rapid pace of business can lead to more job opportunities and a higher income to support you as you look toward retirement.
Meet Long-Term Goals
Many older students are there because they want to finish what they started. Even with the best of intentions, life gets in the way when you are young and trying to complete your education. Going back to school in your golden years and meeting all of your educational goals increases your self-worth and gives you the confidence needed to surge ahead in your career. Parents often cite wanting to go back to school as a way to set a good example of the importance of education for their children.
Regardless of what your final goal is, going back to school in your later years serves a variety of useful purposes. You are never too old to learn more about the world around you.
Whether you’re retired or retirement is just around the corner, let LinC Financial Group help you get things in order for your next phase of life.
