Life is too short to spend in an unsatisfying job. However by middle age, career transitions are risky and expensive. The last thing you want to do is to go through a gut wrenching experience moving into a new career only to find that it wasn't what you expected. But how do you know what a new career will be like before you actually do it? »more»

Traditional economic theory tells us that the larger the reward for a particular action the greater your motivation. In other words you judge the value of the monetary rewards of your workplace based 100% on the absolute size of what you get. But observations have shown that the relative amount of one's reward is as important if not more important than the absolute amount. »more»

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What would you do if you suddenly became a multimillionaire? Sleep in every day? Golf? Say goodbye to the work life forever? Or would you go back to work?

The LA Times looked at a variety of Silicon Valley entrepreneurs who had become millionaires and found the surprising answer that many of them in fact did go back to work. Take the example of Mark Pincus who sold his company for $38 million in 1996. For a year he lived a life with almost no responsibilities but eventually tired of the lifestyle, saying: »more»

If you're eyeing a midlife career change to a high-paying career then prepare for a challenge. To help you here are five tips from WSJ's Career Journal to position yourself for a corporate job when you're competing against applicants with more relevant work experience. »more»