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Do what I did.

At the age of 50 I searched for and found a property which I could just about afford, because it needed loads of refurbishment, and took a 10 year mortgage (which means high repayments, even though the total is small).

This meant relocating from the South to the North Esat of the UK, changing my job and whole lifestyle and leaving friends plus much of my family behind.

However ... I picked the best I could and made the best of it, gradually improving the property until 4 years later I was able to sell it on with 120% profit.

I then rented for a year and subsequently moved abroad to Bulgaria where the country is beautiful, the people are kind and welcoming and the living is very very cheap. My pension now stretches to allow me a very reasonable lifestyle and I no longer have to work.

It is daunting but can be done if you are determined.

Good luck

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Q: How do you prepare for divorce and poverty and homelessness at the age of 55?
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