To do something totally different at 40

From this and your other thread, it sounds like you are struggling to readjust to life at home, so you almost want to run away again. Like you don't feel settled. But i don't think heading off again will fix that.

I also ran away for a while when I was younger, there was family stuff going on and I travelled abroad for a few years by myself. It was great in a way, but also lonely, and I realised I couldn't run away from myself. I was still me, I still felt how I felt, even though my landscape had changed.

I would urge you to get some counselling as suggested by a previous poster. It may help you sort out your feelings around the inheritance and the guilt that comes with that and get some direction.

Aim to build a good life where you are, instead of always running to the next thing. Try and set down roots somewhere - it doesn't have to be the house you're in if you don't want to live there.

Have you still got some money left from your inheritance or is it just the house? Maybe buy something more modern in a bigger city, where there are more people to meet.

You have plenty of options.

Sounds amazing. Do it while your still young and enjoy

Oh op...

Have you had any counselling?

Rent the house out, get insurance/a good agency

Do a mix of working in different counties and travelling so your CV can build a bit too?

Yes , live your life for now, but ideally in a way that builds the foundations of a new good long term future too

You have a wonderful opportunity. Go do it op.
No ties, and a skill you can use anywhere in the world.
You could rent your house out to fund your travelling. Selling up gives you a huge pot which you might find easy to spend. But pay as you earn puts a decent reign on you. Plus at least a something somewhere to return to.... Even if you decide to eventually sell up and buy elsewhere. Roots matter.
Have a wonderful time.

This .
I'd absolutely follow your dreams but I'd never give up the security of my own home incase things went pear shaped or ill.
Rent your house out and use the rental income and savings to travel .

Please rent out, owning a house isn't meant to make you happy it's security for life. Imagine coming back from travelling and all your money is spent and you have to find x amount per month for someone else. Imagine at the moment if you lost your job and have no savings but the house was paid off. It would be a struggle with no job to pay rates, insurance and water etc etc. remortgage it take out 20k and travel until that is finished then come back after a while to your house with a relatively minimal mortgage. Even getting the deposit for a house is near impossible nowadays. Please please reconsider this. My friend sold hers for travel. She is now stuck paying 890 pcm for an apartment,fighting with her landlord who wants to put it up to 950, with a family of 4 kids beneath her who don't go to sleep until they fall down. 20k is a lot of money for travel. Please please rethink this I know life is for living but you are in a fantastic position to have the best of both. Please speak to a mortgage adviser say it's for home improvements then speak to a letting agent. DO NOT SELL THIS HOUSE xxxxx I really wish you well xxxx

90,000 obviously

Sell the house for €90
Buy one of those flats you like for €80 and rent that out instead.
Go travelling.

Go for it! We've hosted workaways for 12 years now, some who are 'professional' travellers and it's a wonderful way to live. Who knows where your new life will take you??

Ugh, OP, you’re at serious risk of squandering your entire inheritance. Get some financial advice before you do anything.

You had a shit time last time you went travelling:

https://www.mumsnet.com/talk/am_i_being_unreasonable/4608776-anyone-inherit-money-and-it-wasnt-good-for-you

Think carefully - why do you think it will be different this time?

I'd be worried I'd be trading an amazing 40s for an crap and impoverished 70s, particularly if you haven't got a dual income currently, or future kids that could put you up if you needed it.

I'd want to think about what I needed for my long term happiness in terms of investments, pension. I'd also want to think of some sort of passive income to help that, or as someone else said- a portable career.

I think the potential for financial insecurity would destroy the fun of travelling for me, but I'm sure someone will be along shortly to tell me "YOLO" and "you could get hit by a bus tomorrow, don't worry about it!"

Sounds fabulous, crack on.

I know there’s been a lot of focus on the house, but I think you need to look at your career and what else you can be doing.

I think you should look at retraining in something that will be a portable career, so you can travel and do
it.

your current plan basically allows you to travel a bit, but at some point you’ll be coming back to Ireland penniless and in a worse off situation than now.

I know life is for living, but it would be shit to be poor as an old person.

you could sell the house, use some money to retrain and then travel. Or train when you travel- this will mean you have something to show for your time away.

• you could train as a yoga teacher in India.
• train in IT skills that you can do from a laptop anywhere.
• train as electrician/ plumber - your skills would be useful anywhere and you’d have something to fall back on.
• get some formal English teaching qualification

Sounds amazing OP but I would agree with this advice.

I agree with keeping the house and renting it out. It will be income for you and it's your nest egg for retirement.
You may never get the opportunity to own your own property again.

How exciting, @Mooshamoo !

TLDR: absolutely follow your dreams, but do it wisely - by having a property earning you an income that you can come back to or sell further down the line.

I think you are right to want to shake things up and pursue your dreams as life is most definietly for living. However you seem to be looking at this in a very all or nothing, black and white way. I think compromise and some serious planning would allow you to live the life you want AND have a back up for the future.

Selling up and using the capital to fund your travelling would really not be wise.

In your position I would either sell the house you live in and buy something in a more desirable location that you think you might like to live in a few years from now, and then let it, OR upgrade your current house (with the help of grants) to make it suitable for letting.

Either way I would ensure I had a home to come back to (or sell later when you do know whete you want to settle) as it gives you security and choices. You may never come back to Ireland, but having a home you own outright that is earning you a passive income while you're off exploring is too valuable an asset to give up on a whim.

You would also do well to save a good amount of the rent you get on your house so should aim to fund your lifestyle through the money you earn through working.

Maybe set yourself a deadline of 9-12 months to sort out your house (sell or upgrade) while building up your online teaching business, taking any qualifications that would allow you to earn more, and plan the logistics. That extra time planning could make all the difference between a reasonably comfortable life (wherever you end up) and choiced, and a life of precarity and poverty if you throw caution to the wind.

Who cares if you run out of money?

You know it's actually possible to become homeless, right? If you're too old or sick to work and you have no money or assets. Does that sound like a fun adventure to you?

Or having a “good” job. Go traveling.

Owning a house. Being married. Even having kids. Not the be all & the end all.

Go for it!! Sell the house but I'd suggest put 50% away in savings or an investment of some type and use the other 50% for living expenses. This will mean working more but there are lots of remote opportunities post-COVID. Not everyone has demanded return to the office. Enjoy your travels!

I’d do it.

I’d be very concerned about blowing capital like that. Earn your way round the world, work in bars or something, don’t spend your inheritance. What will you live in later?

you can travel but not like that. Does VSO still exist?

I'm in Ireland (Dublin) and I would give my teeth for a house that I own! Where is your house?