We recently hosted our first webinar in nearly 2 years and — WOW what a time! With nearly 1.4K attendees, we shared tons of investing gold and received so many fantastic questions that we couldn’t NOT turn them into a Q&A session today 😉 That’s why today we’re answering one of the most common Qs we received:   “How old is TOO old to start investing?!?”     Like…how do Offset, Interest-Only & Principal Interest Only accounts work (in practical terms) to help you retire your debt? What are the fundamentals of Amortisation (we promise it’s not as scary as it sounds) and when are you too old to refinance a loan??   We’re answering how you can use all of this to best position yourself for retirement, plus… For single parents, Ben provides his #1 piece of advice to for building wealth into your retirement and we dive into diversification and buying the same suburb.   So much to unpack, digest, and replay time and time again. Start streaming now for some evergreen content folks!!     Questions We Answer… Q1) Vaughan Nicholson on A question regarding retiring debt:  I understand how filling up your offset account for your PPOR saves you a lot of interest and once offset is full you are only paying principal.  The plan is then to increase money in offset account linked to investment property (IO loan) – I get that when that offset account is full then you are paying no interest on the loan.  But what does that actually mean practically for an IO loan? Wouldn’t the bank still require the minimum repayment per month, irrespective of how much is in offset? Once you’ve filled your offsets, do you ever actually pay off the loan? Do you then switch to P&I as you’d be paying no interest?  Thanks  Q2) Stewart Cameron on Oldest age to reset to a 30 year loan  [I’m] interested to know what the oldest age is that you can re finance to a 30-year loan? Assuming there is an age you hit where you can’t physically pay back the remaining debt… If you’re in your 40’s will they still extend it out that long?  Q3) Linoy John on Buying two properties in the same suburb  Hi Bryce, This question is for you as you were from Leeming. I have 2 properties in Willetton – 1PPOR & 1IP. Have I made a bad choice in purchasing a second time in the same suburb?   Q4) Stephen Moore on Investing for Single Parents  At 47, renting and an income of 120000. Is it possible to be in the game to create wealth for a retirement? I don’t own a principal place but have savings of 180k. Cheers, single dad   Some Listener Encouragement   Hi Ben and Bryce. My name is Arron, I was the one who purchased a Brunswick apartment in 2014, and contacted you with questions, then my story became Property Couch’s very first case study, in Episode 15! I thank you both for the wisdom that you teach. 8 years on, I am still your regular listener, and I am still holding on that Brunswick apartment for cash flow. Although I have added one more townhouse into my portfolio 5 years ago.   Free Stuff Mentioned…  Listen to our 400th Episode featuring the incredible and inspiring true story of Michael Crossland here!   BingeGuide to Property, Finance & Money Management – Download here