Is it Time to Downsize? The Pros and Cons of Moving to a Smaller Home in Retirement
Whether you’ve recently retired or your last baby bird has just left the nest, you may be wondering if it’s time to downsize. With vacant bedrooms and a backyard that no longer serves as a playground, many homeowners in the 55+ crowd begin to wonder if they should move somewhere smaller — perhaps to a place more physically and financially manageable. But not all seniors see unused space as wasted space, and in fact, see advantages to staying in the family home well into their golden years.