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

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

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

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

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