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My dad is a retired precision toolmaker / machinist with a degree in metallurgy and advanced mathematics. He started back in the 1960's and worked for about 50 years. It was a very hands on job back then, everything was mechanical but he of course had to adapt with the times. CNC and EDM machines is what most of his work switched to. There were still times when something had to have that fine touch and they would call the old guys in to figure it out.
It was sad to see his career go down the tubes towards the end. He started in 1968 at a company of just 5 and worked there to see it go into the 2k+ range, unfortunately he saw its collapse as the company outsourced to China. He was one of the last handful that closed the plant down. It really messed up his retirement and his self esteem. He was happy to see that due to poor water conditions in China the company failed with their plans. He had to completely start over again with his job though, was working with the young guys at a new company only making $15 per hour. Was an absolute slap in his face. Luckily he only had to work for 2 more years before retiring.
Biggest thing I can tell you is don't get too planted somewhere in your industry. As machines are taking over the learning curve just isn't there any longer. Soon robotics will be king. Make sure to constantly stay up with the times and try to either start your own shop or move into management.
Sorry if this is a negative post and I'm not trying to bum you out, just want you to be-aware. He absolutely love what he did and he had an amazing time when it was good. Many things you use today he had a hand in. He even got to meet the President due to what they were making for the military at the time.
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