In my field (web software development), a Masters degree is actually an impediment. People are less willing to hire someone with a Masters or PhD for some reason. Maybe there are exceptions for research positions at big companies, but that&#x27;ll mostly hold true.<p>Not many people can (or do) write code until 60. Most will become managers. If you don&#x27;t want to be run over by the next generation, develop and manage the resource that you have that they can&#x27;t catch up with: experience.<p>You can develop that resource by doing a wide variety of work or by focusing on a niche. I&#x27;ve seen developers who <i>only</i> fix bugs in ____ language. Or you can work on a wide variety of projects, in a wide variety of roles, and do consulting.<p>Unfortunately, most coding is treated as a commodity by the business world, and the younger devs have a cost advantage over you.