walikum as salam @yousaf1920
Welcome to the community
NO its never too late 
There is a lot you can potentially do but it will all depend on your personal goals such as education for kids? retirement planning/pension? any big financial commitment on the way?). Once you have an idea about that, then you can work on the financial strategy by choosing the appropriate asset/investment allocation.
Search this forum with every goal you have and I am sure a lot of info will come out - a good place to start could be below.
Financial Education: Investment TIPS for Absolute Beginners
Goodluck
Best regards
Zeeshan