I am 40 divorced no kids, partner 57 divorced 3 adult children and grand children. I have 3 properties no mortgage, he has his house with 3 years mortgage left. He wants me to invest money with him into a property. He wants a 4+ bed for just the 2 of us. This would mean mortgage. He also tells me he wants to retire at 60. I am not planning to retire for another 20+ years as I love my job.
Considering there are his children and we are not married. Together 3.5 years. I am a bit cautious.
He wants to get married to me.
Marriage protects assets but here I see plowing money into unnecessary large property where we could have something abroad or simply something bijoux for the 2 of us and holidays 3x a year.
He is very concerned his friends all have houses and he wants to keep that status. I don't. My work involves travel so I do like comfort of something realistic in size and maintenance.
Am I funding inheritance for his kids here if I agree to his proposal?
Your thoughts.