Not sure if this is the right forum to ask all this but I will start anyways.
Own my own house, no mortgage, worth about 600,000 or more. Not far off 50 agewise and have investment/saving worth approx 60/70k.
Now I am in need of guidance with what to buy or invest in the next decade or so because obviously the old retirement isnt too far off.
Lately I have an idea about buying a small house "down the country" preferably Leinster, renting it out for maybe 10 years and then moving into it ourselves on retirement, and either selling or renting the current one.
I have an awful feeling it won't be so easy though to get a mortgage, etc. at this age?
Any advise/pitfalls/recommendations gratefully received!
Own my own house, no mortgage, worth about 600,000 or more. Not far off 50 agewise and have investment/saving worth approx 60/70k.
Now I am in need of guidance with what to buy or invest in the next decade or so because obviously the old retirement isnt too far off.
Lately I have an idea about buying a small house "down the country" preferably Leinster, renting it out for maybe 10 years and then moving into it ourselves on retirement, and either selling or renting the current one.
I have an awful feeling it won't be so easy though to get a mortgage, etc. at this age?
Any advise/pitfalls/recommendations gratefully received!