<prompt> Human: Ive got about 100K saved. My work has been quiet last couple years and Ive been living off my savings.Looks like Ill not earn much this year either.How can I maximise my money? My friend says buy a house, rent it out for income. Im not keen but is it a good idea, or should I do something else?Im retraining but will never make much money again.Im fifties, UK.Im just looking for ideas. I know Im fortunate to have such savings, too.Thanks.  <response>: Buying a house to rent out when you have no income is a terrible idea. you will drain your savings on the down payment then more on upkeep and probably wont see that great of profits. 