40 is not the new 60. Not even close. At 40, I've done some of the best work I've ever done and my pay has been better than ever. I'm 52 now and the trend has only gotten better. Why? Its because at 40, I had a much deeper understanding of the tech, I understood of the whole business process and I had the maturity to deal with people in a productive way. You won't find all of those in a 25 year old developer. The onl…
Sure, some left expecting to find another job, but remained continuously unemployed.
I've personally known four homeless individuals in my life. Two were Programmers.
I have never seen an industry that just thinks employees are not worth paying when they hit 50.
And yes--I'm aware of the older high paid employee that's the first to go in a corporation. These guys I knew were not those guys. They were just enthusiastic employees, whom thought they were doing a good job.