My copy of office is old (2007) so I would like to upgrade to the newest version.

Although my current version is Home and Student, I am considering 365 Personal as I would like Outlook and Publisher. All the blurb says it is for one download for one person, one pc.

What happens if your desktop dies of old age? Can the subscription be transferred to a new computer? I have read all the information I can find on the Microsoft site, on PC World and on Amazon and cannot find the answer to this.

Life was much easier when you just bought a disk! Can anybody help me with this please?