I'm approaching 40. I have about a year to go to finish my PhD, and I hold a teaching position while I'm doing it. That teaching position is nominally two days a week, but you know how that story goes! I have been working professionally in my field for >10 years, and I keep seeing jobs advertised that would give me (probably) less intellectual stimulation, but (definitely) more money than I could make for at least two years post PhD. I have two small children, 5 and nearly 2. I am the career oriented one in my partnership, and the one who will be primary breadwinner.
The challenge I have is this: I WANT to be an academic. There is a good chance I will land a job. I feel SO guilty though, about the money (in terms of lost potential earnings) and time in vested in this venture. What the heck do I do?