I'm a nontraditional student interested in pursuing an academic career in the humanities. However, I'm trying to decide whether this is a financially feasible path for me. By the time I'd complete my PhD, I'd be well into middle-age, and tenure-track positions are scarce. Plus there's the opportunity cost of extending my education another 8+ years (2 years for a master's and 6 years for a PhD).
Essentially, my best-case scenario would be achieving tenure at an age where most people are nearing retirement, and the odds of ever landing such position are slim for anyone. However, there's no other career that interests me to the same degree, and there aren't any lucrative options with my degree anyway. Moreover, I'll always regret not even trying to pursue my dream. Thus, I want to ask, from a purely financial perspective, is this a viable path for me?