Here Comes the 60-Year Career
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Here Comes the 60-Year Career

As people live longer, healthier lives, the traditional 40-year career will become a thing of the past. But that’s going to require a new mind-set—and a lot more planning.

By CAROL HYMOWITZ
Mon, Feb 13, 2023 8:59amGrey Clock 8 min

Get ready for longer careers. Probably much longer.

Charlotte Japp is setting the groundwork for it. Since graduating from college 10 years ago, Ms. Japp has worked in marketing at three companies in different industries and simultaneously launched Cirkel, a startup that connects younger and older employees for two-way career support.

Currently head of platform at ff Venture Capital in New York, Ms. Japp, 32, doesn’t see her career as linear, and doesn’t picture her progression as moving up a single, well-defined ladder. Instead, she envisions her career as long and varied—a marathon that will involve changing directions, with stops and restarts along the way.

“I know I’m going to have a career over a very long stretch and it won’t be just one thing,” Ms. Japp says. “Plus there’ll be more fluidity between periods of work, school and family.”

Millennials like Ms. Japp, as well as the generations behind them, are starting to think about their careers in a totally different way from their elders. They have no choice: Because they are likely to live healthily into their 90s or longer, they must learn to navigate 60-year careers instead of the traditional 40-year span.

But such a change will require a new mind-set when it comes to planning a career. Instead of advancing vertically up a single path, for instance, people will need to move sideways—and even down at times—as they traverse different jobs and multiple careers. They will have to make sure they have adequate income to sustain themselves over lengthy lives. They will need to figure out where they derive the most job satisfaction so they don’t burn out after decades of working. They will have to keep acquiring new skills to avoid becoming obsolete. And, if they can afford to, they may want to take occasional career breaks to balance their personal and professional lives.

“Over the course of 60-year careers, we’ll need to work and pace our careers differently,” says Laura Carstensen, founding director of the Stanford Center on Longevity.

Currently, Dr. Carstensen says, men and women at midlife “tend to burn the career-and-family candle at both ends, with lives impossibly packed from morning to night,” while older people who are plateaued or pushed out before wanting to stop working feel underused. She imagines a model where people might work about the same amount of time overall as they do now, but spread that work over more years—thereby reducing the risk of burnout and giving themselves time for personal pursuits and skill enhancement.

All of this could pose challenges for companies, which haven’t structured ways for employees to stay productive and creative over lengthy careers. Few have established flexible routes in and out of the workplace, or “glide paths” toward retirement that enable older workers to work longer but at reduced hours. Less than 10% of Fortune 500 companies have re-entry programs for employees who have taken career breaks for family caregiving or other reasons, according to research by Boston-based iRelaunch, which encourages employers to establish such programs, and helps people return to work after breaks of one to 20 years.

However, if they want to attract the workers they need, employers will have no choice but to adapt. After all, their leaders will likely be in the same position.

Here are seven things for employees to think about as they plan for—and navigate—this new terrain.

Charlotte Japp has worked for several companies and launched a startup in her 10 years since college. ‘I know I’m going to have a career over a very long stretch and it won’t be just one thing,’ she says. PHOTO: MARY INHEA KANG FOR THE WALL STREET JOURNAL
1. Expect a career that resembles a jungle gym rather than a ladder

Already, a lot fewer workers expect to stay at a single company throughout their career. That trend will only accelerate as careers get longer. After all, few people will want to stay at the same job for 60 years, even if they could (a big if). It is a recipe for job and life dissatisfaction and stagnant income. And few companies have shown the kind of loyalty that would encourage such careers.

Instead, employees should imagine a career that involves making leaps sideways and across rungs rather than a straight climb upward.

Ms. Japp says she learned to expect this by observing her parents, who both lost corporate jobs in midlife and then successfully pivoted to self-employment. Her father, after a career in advertising, established a stamp- and coin-selling business on eBay, and her mother became an independent adviser to art collectors after working as an executive at a large art gallery.

“The idea of portfolio careers, and change being a positive, was implanted in me early,” Ms. Japp says. Over any career, but especially a lengthy one, you need to cope with two ever-changing variables, says Ms. Japp. “First is the business world, where new companies and many new jobs will be constantly emerging. And personally we change over time—and so do our interests, needs and curiosity.”

2. Lifelong learning, including breaks to return to school, will be essential

It is hard enough now to stay up-to-date with technology and other job requirements, and to train for new opportunities. Add 20 years to careers, and it becomes even more daunting. In addition, many employees will want to start second or third careers over the course of their longer working lives, which will require returning to school for training and maybe even new degrees.

Giulia Pines, who’s 38, worked as a freelance writer—first in Germany where she lived for a decade and then in New York. Two years ago, in the wake of the Black Lives Matter and other social-justice protests, she thought about becoming a lawyer and “trying to change policies and help people, but at first I thought I was too old to make that switch,” she says. Then, she realised she likely has decades ahead of her to devote to law.

Ms. Pines is now a first-year student at Brooklyn Law School, has met several other classmates in their 30s and isn’t concerned about starting a law career at 40. “If I’m going to be 40 anyway, I might as well do what I want,” she says. Plus, she adds, she was raised in a family that “never considered retirement, with both my grandfather and father, who were doctors, working until they were unable to do that physically and mentally. I think of what I’m doing now as a next step, without an age attached to it.”

3. Seek flexibility to have a better work/life balance

As people live longer, and careers lengthen, their priorities change. They’ll also face conflicting demands. For instance, for growing numbers of young and middle-aged adults, caregiving responsibilities for older parents overlap with caring for young children. Among the 48 million Americans who currently provide unpaid care to elders or disabled relatives, more than 40% are 18 to 49 years old, according to a 2020 study by AARP and the National Alliance for Caregiving.

“Everyone is going to be a caregiver at some point, and it should be an acknowledged part of a 60-year career,” says Susan Golden, who advises companies and venture firms about innovation and entrepreneurial opportunities created by longevity.

Ms. Golden is a living example of her argument. She was a partner at a venture-capital company in her 30s, and took only three weeks off after having her first daughter. But she took a break after having a second daughter when she also began caring for her mother. Now she’s encouraging her daughters and other millennials to consider caregiving breaks themselves “so you don’t miss out on the joy of raising children. You don’t have to work straight through 60 years,” she says.

After her own break of about 15 years, Ms. Golden attended Stanford University’s Distinguished Careers Institute when she was 61, or what she calls her “renaissance stage.” She took courses on such topics as entrepreneurship and board governance at Stanford Graduate School of Business, healthy aging at the medical school and on design thinking. And she was among others in their 50s and older who were considering transitions. “Having the support of that community was so helpful,” says Ms. Golden, who also co-teaches a course about longevity’s business opportunities at Stanford’s business school and is the author of “Stage (Not Age).”

4. Learn strategies for restarting a career after a break

In March 2022, LinkedIn introduced a new category—Career Breaks—for users who are building profiles to describe the highlights of their time away from traditional jobs, including family responsibilities, volunteerism and travel. The new label should help normalize the idea that careers aren’t always linear.

Carol Fishman Cohen, chief executive and co-founder of iRelaunch, advises employees to keep detailed notes throughout their careers, not just about achievements but about specific experiences they have had with bosses, employees and colleagues at different jobs. It’s hard enough to remember accomplishments five or 10 years later, but 40 or 50 years? “Those of us who don’t think to keep these records have to re-create the past from memory, which may not be nearly as vivid or compelling as when they occurred,” Ms. Cohen says.

Those who take breaks should keep up-to-date on licenses and professional membership, take online courses to improve and learn new skills and possibly do part-time volunteering or contract work. “Use time during a break to reflect on your strengths and whether you want to return to the path you were on or take a new direction,” says Ms. Cohen, and let prospective employers know that you’ve thought carefully during a break about your commitment to a particular field.

5. Build an intergenerational network

Over the course of a six-decade career, workers need to nurture relationships not just with superiors but with colleagues who are junior to them.

Colleagues who are younger may be more skilled with new technologies, and be able to help older colleagues learn and adapt to them. And because there aren’t clear career paths, it is more likely that positions will shift. A colleague who’s younger in age may advance beyond their former bosses and be in a position to hire them or connect them to other jobs. This happened to Ms. Cohen when she wanted to re-enter the workplace after an 11-year caregiving break: She got a job at Bain Capital, where a former junior colleague she had previously worked with at a different finance company had a key position. He remembered her and helped connect her to others at Bain who hired her, she says.

6. Explore new paths even when you’re enjoying your current career

It’s typical for people to keep their heads down and focus on the job and employer they have, especially if they are satisfied. But in an era of long, multiple careers, it’s important to think about alternative paths before you have to or feel pressured to make a change. The odds are much greater that you’ll need to take that path one day.

To that end, experts advise people to attend professional meetings or conferences in areas they want to learn about, and to spend time thinking about what they might want to do next, just in case. Maybe somebody has worked in operations or IT, but imagines moving into human resources or marketing. It doesn’t hurt to talk with those people in those fields about what might be required. A safety net is a lot more important when you’re staring at, say, 30 more years of working than if you’re looking at 10 more years.

7. Don’t try to plan it all out

It is impossible to map out what will happen over a 60-year career. Too many things—in our personal lives, in the economy, in the workplace—will change. Nobody has a crystal ball that can look that far into the future.

What’s important, rather, is finding jobs and work environments that are both enjoyable and challenging. In the past, when careers typically involved a vertical climb, it made sense for employees to set goals they wanted to reach by a specific time or age. But trying to do this can be counterproductive today. The ability to be agile rather than rigidly focused on a handful of goals will be essential when traversing a career that lasts more than half a century.

“It is all about following my gut, knowing what I’m good at and doing what I enjoy on a day-to day basis,” says Ms. Japp. “The lesson I’ve been learning is to be adaptable. You have to meet the moment.”



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SpaceX and Tesla Are Joined at the Hip. A Merger Would Make It Formal.

Elon Musk is exploring a potential merger between Tesla and SpaceX, a deal that could reshape the future of AI, robotics, autonomous vehicles and space technology. With a combined valuation potentially reaching $3.5 trillion, the move could bring Musk’s vision of an interconnected technology ecosystem closer to reality, although a deal remains uncertain.

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Elon Musk has engineered ties between Tesla TSLA 3.41%increase; up pointing triangle and SpaceX SPCX 7.79%increase; up pointing triangle that are hard to break, and now he wants to fuse them together permanently.

Musk has run both Tesla and SpaceX concurrently over the past two decades, using a schedule that dictated which days he spent focused on each business.

The companies have often shared resources and personnel, signaling their close ties. Last year, SpaceX looked into creating a spacesuit for Tesla’s humanoid robot Optimus, a person familiar with the matter said. Tesla last week showed off its new Roadster, a vehicle featuring SpaceX rocket thrusters that it hopes to soon bring to market.

And in recent months, Musk has repositioned both companies by expanding beyond their core operations toward a shared mission centered on artificial intelligence.

The world’s richest man on Tuesday signaled his interest in tying up SpaceX and Tesla, marking what would be the biggest corporate merger of all time. Because he serves as chief executive of SpaceX and Tesla, Musk said committees of independent directors at both companies are evaluating a possible deal, adding that a transaction might not come to fruition.

The committees will likely evaluate, with lawyers and bankers, how each company would fare in a potential deal and how a deal might best be structured. They then present their conclusions to their respective boards, who typically vote on whether to proceed.

“It’s an odd Kabuki dance where two groups of people are talking and I can’t be in the conversation,” Musk told SpaceX investors on Tuesday in response to an analyst’s question about a potential deal.

For Musk, the merger supports his vision of a world full of autonomous cars, humanoid robots and weekly rocket launches, as well as the data centers and satellites required to keep the whole thing running.

Some investors and analysts said they expect a transaction would be structured as an all-stock deal, with SpaceX potentially paying a modest premium for Tesla shares.

SpaceX, which has a market value of about $2 trillion, said it is seeing sharp growth in revenue across its businesses, which include operating data centers, launching rockets and operating satellite networks such as the internet service Starlink. Tesla is valued at about $1.5 trillion and is expanding its operations beyond its automotive and energy business. Shares in both companies traded higher following the news Tuesday.

The SpaceX Starship and Super Heavy v3 Booster lift off from the launch complex in Starbase, Texas, framed by silhouetted plants in the foreground.
A test flight from the SpaceX launch complex in Starbase, Texas. Steve Nesius/Reuters

Musk’s substantial ownership stakes in both companies, along with voting control at SpaceX, has enabled him to set the deal in motion. Analysts and investors said the deal will probably face regulatory scrutiny internationally, though some see Musk’s close relationship with the Trump administration as an asset to getting approval.

Blurred lines

The companies haven’t said which directors are on the special committees evaluating a potential deal. Several SpaceX and Tesla board members have either personal or business ties to Musk. And like Musk, venture capitalist Ira Ehrenpreis sits on both boards.

In a filing this week, Tesla outlined millions of dollars in business agreements with SpaceX and its subsidiaries last year, including $143 million in car sales to SpaceX, $3.3 million in advertising that it bought on the social-media platform X and $430 million in revenue from the sale of Megapack batteries for SpaceX’s data centers.

The companies also split the cost of resources including the use of Musk’s SpaceX jet and the bill for his personal security, which he runs through a private company.

Employees at both companies routinely move between companies to work on special projects, and some executives have dual roles, including Charles Kuehmann, vice president of materials engineering at both SpaceX and Tesla, and Ashok Elluswamy, the vice president of AI software at Tesla who runs a joint venture with SpaceX called Digital Optimus.

Over the years, Musk has launched new startups within his empire, including brain-implant company Neuralink, underground-tunnel developer the Boring Company and xAI, the AI startup that merged with SpaceX in February.

It is that AI business that Musk thinks can serve a market worth tens of trillions of dollars, justifying the need for a merger.

The business case goes like this: Tesla is developing robotaxis and robots, which it calls “physical AI.” SpaceX is working on the back end of physical AI: the data-center capacity and internet connection required for those robotaxis and robots to operate continuously.

Tesla Optimus humanoid robots and a Cybercab autonomous vehicle on display.
A Tesla Cybercab autonomous driverless vehicle and Optimus humanoid robots. Benjamin Girette/Bloomberg News

“I don’t see what the value of Tesla is if it’s not merged with SpaceX,” said investment adviser Ross Gerber, a former Tesla bull turned critic invested in both companies. “If they don’t merge, the brains of everything that runs Tesla is owned by another company.”

On top of it all, both companies face constraints on the supply chains they need to make this world a reality, particularly when it comes to chips. To address this, Musk earlier this year announced a joint venture between Tesla, SpaceX and Intel to design and manufacture chips in Texas. “The most epic chip-building exercise by far,” he has said.

Musk at the wheel

For Musk, a merger would also solve two problems: demands on his attention and his lack of control at Tesla.

Tesla for years was Musk’s only public company, a status that came with greater scrutiny. There, Musk reports to a public board, as well as individual investors who make up around 30% of Tesla’s voting power, according to FactSet.

The question of Musk’s attention became a particular focus for investors and the board in recent years after he acquired Twitter in 2022 and launched xAI in 2023, and again in 2025 as he spent time in Washington, D.C., running the Department of Government Efficiency in the early months of President Trump’s second term.

As Tesla’s car business suffered in 2025, Musk threatened to take his AI ambitions outside the company if he wasn’t granted 25% voting control. Last November, Tesla shareholders approved a new pay package for Musk, which created a path for him to vastly expand his stake.

As of Sept. 30, Musk owned a roughly 20% stake in Tesla, according to the company’s proxy filing.

The SpaceX IPO gave Musk a different path. When SpaceX went public in June, the deal’s structure enabled him to have more than 80% voting power at the company—so much that he can’t be fired and decisions can’t be made without his support.

If SpaceX acquires Tesla, he will likely stay in control.

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