I retrained for a new job in my thirties; (is that later in life?).
I'd joined the coal mining industry on leaving school at the end of the seventies. Did most jobs underground at one time or another. The events of 1984/5 gave an indication that I should have a rethink. Quite how I ended up as an airline captain, instructor pilot and examiner, I'm not really sure, but I guess I landed on my feet...
Being able to retrain whilst still employed would be a very big advantage.