Eire wannabe,
As others have alluded to "it depends".
Have you done a medical? (eyes, ears, diabetes)
Do you have the money to throw away?
Do you have a family that is depending on you for a certain lifestyle and expectations, such as uni?
After you've finished the flight training, can you survive on an effective income of £20,000 for 5 years?
What's the economy doing? Aviation is very sensitive to it, and does follow the "boom/bust" cycles reasonably closely.
Have you researched the market for employability of 40+ YO new CPL holders?
(That should concern you)
If your goal is to become a flight instructor and possibly some charters (piston or turboprop) on the side, or a turboprop job suits (note, not big money), then by all means crack on. If you just want to do it for the intellectual challenge, go for it. However, if your goal is to be a captain of a B744, then perhaps you should rethink.
You may think "oh it's not the money" - believe me, it is. If you're going to invest a small or large fortune in yourself, you want the returns.
When it's your signature on the Flight Log, you want suitable compensation.
