Financial Considerations

Downsizing baby boomers face a key decision: Is it better to rent or to buy?

"According to a 2016 Freddie Mac survey of boomers, the majority of those 55 and older plan to stay in their homes during retirement....

Home Downsizing: Trading Down in Home Size

The Balance brings a Real Estate broker's opinion to the advantages and disadvantages of downsizing a home. Summary Advantages:...

The Upsides of Downsizing Your Home

Highlights: "downsizing frees you from the cost and time commitment of maintaining a home that’s simply too large. It allows you to...

Benefits of Downsizing Your Home

"The key to a comfortable smaller home is making sure the kitchen and the adjoining room are large, open and bright"

When Should Retirees Downsize Their Homes?

“Downsizing is both a financial as well as an emotional decision. It often becomes a necessity because retirement income may not sustain th