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Home Market Research Money

Thinking of Downsizing When You Retire? Read This First

by TheAdviserMagazine
5 months ago
in Money
Reading Time: 1 min read
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Thinking of Downsizing When You Retire? Read This First
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Melnikov Dmitriy / Shutterstock.com

Moving to a smaller home after retiring seems like a financial no-brainer. After all, the kids have moved out, you don’t need all that space, and reducing your square footage should automatically translate to reduced expenses. However, many retirees discover that downsizing may not deliver the financial windfall they expect. Before you list your family home and start shopping for that cozy…



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