it's no too old to be poor, or loose all your cash and be divorced!.
you are a customer and you license is good as long you maintain your medical, right?
but if you consider getting a job, and most companies ask for 1500-2000 hours plus type rating, and with few jobs around, it can take years to get a job. When you reach 50, with 2000hours, you may not been employed.
this is why it s good to start training at 20yo and build time for 10-20 years.
Training is nice at 40yo, but after training, it will start to hurt! you will come back to earth and discover you are not alone to chase for a flying job.
At least you have a back up I guess!
good luck!