I am looking for a budget online MBA program ranked among the top 50 in USA

[Duneranger]

You should carefully consider whether or not an MBA is even worth it.  I got to the VP level in software with NO degree at all (just recently went back for my BA just for fun and now I'm doing an MS because I'd like to pursue a PhD).  I'm about the same age as you.  I see executive assistants all the time with MBAs.  When I hire Directors or other VPs, I don't even look at their educational background, I look at their experience and the metrics that they've achieved in their careers.

Unless your employer has told you that there is a pay bump and/or promotion involved with getting your MBA or you want to eventually pursue a DBA or PhD, give it some thought.  I'd say the caveat here would be for in-person MBAs, where you can network, although at your age and likely stage of your career, the utility of that is probably low.

A PhD is a massive jump from a MS, like 4-7 years without much financial gain (its a blackhole of time and money if you don't go to a diploma mill, unless its funded)...just an FYI as someone finishing a doctorate.

Degrees definitely do matter matter and you will be filtered out by HRs in most instances without one. You are failing to mention that part. It's not the end all be all, but many specific grad degrees are required.