COBOL: You’re thinking about it wrong
And while headlines might indicate the language had fallen into disfavor, the amount of COBOL in use continues to grow, with 800 billion lines running in production systems daily, according to a global survey conducted last year by enterprise software firm Micro Focus. COBOL is considered strategic by 92% of survey respondents, and over half said they expect their organizations to keep running their COBOL applications for at least another 10 years.
I feel like COBOL is one of those things that can guarantee you a career. If you know COBOL, you will most likely find a job and have a good career future, but it's probably not going to be anything sexy or anything that has the (albeit tiny) opportunity of making you filthy rich - but you won't ever be without a job for long either.