I'm also 29 (getting difficult to tell people I'm in my "mid twenties" now
) and have decided to take the plunge. I did my PPL a few years back and revalidated it earlier this year, and have been hour building ever since. It's great to be back up there! I've loved every minute of the flying I've done, and learned a great deal this year. It's a cliche to say the ppl is a 'license to learn' but so true.
I'm about to finish off my night rating, and studying for the ATPLs through distance learning (my hour building is finished bar the qualifier). I will be doing the CPL next year if all goes to plan. I'll then either go straight into the MEIR, or take a break, maybe do the instructor rating as I'd like to instruct part time.
Where this is all going to lead, I don't know! I'm hoping that starting at the bottom of the market is a gamble that will pay off, and maybe things will be better in one or two years on the jobs front. We shall see.