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That actually might be really interesting. Particularly if you label the flashbacks as "1958" or "Forty years ago," and then the present is "now" or "Present day." And if your flashbacks get closer...
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#3: Attribution notice added
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#2: Initial revision
That actually might be really interesting. Particularly if you label the flashbacks as "1958" or "Forty years ago," and then the present is "now" or "Present day." And if your flashbacks get closer together (one year ago, six months ago, four months ago, six weeks ago, three weeks ago, one week ago, three days ago, thirty-six hours ago...) and speed up, that adds its own tension. I say go for it and see if you can make it work. At worst, if it fails, you'll only have to change the last part to past tense.