Debbie Davies knew it made sense to downsize from her huge, high-maintenance house in Kenilworth, Warwickshire. But after 20 years there, the idea of moving to somewhere new, 60 miles away, filled her ...
Downsizing in retirement is a great way to free up cash and minimize upkeep. Selling your home might cost more than expected. Moving could mean losing easy access to social plans and grappling with ...
If you’re about to retire, you’ve likely read or heard the advice that you should prepare to downsize. After all, many retirees are empty-nesters with larger, paid-off homes that may no longer meet ...
When you retire, you might hear a lot about downsizing — trading in your large house for something more compact. It’s often pitched as the best move for retirees, but it’s not for everyone, and you ...
Though it might seem overwhelming at first — especially if you’re moving decades worth of stuff into a smaller home — there are some strategies that can make the downsizing process a lot smoother.
As we get older, it’s common to start rethinking where and how we live – and for many, that means considering a move to a smaller, more manageable home. Age UK’s recent Late Movers report highlights ...
Your home is likely among your biggest financial assets. And if you’re entering retirement, it may also be more space (and expense) than you need. Many retirees choose to downsize — selling a larger ...
They hoped a smaller home would save money — but the reality is proving more costly. Kate and Paul Hermans needed a “bridge solution” after selling their home and buying a house that needed ...
You may want to downsize in retirement if your home has appreciated over the years. Financial planners often recommend this retirement planning move, especially to the many Americans who fear a secure ...
Several years ago, my wife and I downsized our home, discarding many things that had been ours for decades. We were moving into a smaller home, appropriate to our age and abilities. Such downsizing is ...