Its not too late to learn or be educated or retrained etc! Its easy for me to say I guess...but it cannot be anymore. Times have definitely changed.
In the UK most folks planned on retiring at 60..possibly 55. It was important to get ahead while in your early 20s and hope to be coining it in your 30s, 40s. Well things have changed. The average retirement age is set to rise to mid 70s. The old idea was you would have retirement for 5-10 yrs before dying....so you didn't need much in your pension fund. Or at least you would get a good annuity rate. Well now those who are looking at retiring at 55 are struggling to get enough in their fund in the 30 years of working life to finance 30 years of retirement. Its a product of increased longevity. Most pension companies are having to re-think their pension strategies. Pensions are not a good idea to me. You do better with equity based investments that will grow in time and at the end of it you are not forced to spend a chunk of it buying an annuity.
Now what it means for many of us is that you have time for a second career choice if necessary. Education that you may have missed due to being a brain dead dub can be revisited! Many find themselves have to retrain because of redundancy anyway. You need to look at lot more longer term now. So lost years in the WTS may not be as critical as they used to be. You have time to put things right!
ISP