FLOURISHING AFTER 50: Our kids have moved out and we're thinking about investing. Should we buy a...

Dear Vanessa, I'm in my late 50s, and for the first time in years, my husband and I have some financial breathing room. Our children have moved out, are working full-time, and no longer rely on us for support - it's such a relief! We've been thinking about investing and are leaning towards buying a property. However, we don't know where to start.

What should we consider when searching for the right property? How do we ensure it's a good investment? We're also curious about the tax implications. Would rental income affect our tax bracket, and are there expenses we can claim to offset costs? We've paid off our mortgage, so we'd need to take out a home loan for the purchase. Should we go directly to the bank, or would a mortgage broker be better to help us find the best deal? It feels like a big decision, but we also know it could help us build wealth for the future.



Any advice you can share would be greatly appreciated! Kind regards, Susan Send your questions to leading money educator Vanessa Stoykov at...

Vanessa Stoykov.