The transition to retirement is more than just a financial milestone; it’s a lifestyle change. Often, nothing reflects that ...

But be aware that downsizing also comes with serious drawbacks. You'll need to make sure you're prepared for them before moving forward. And if you have enough money in your IRA or 401 (k) to stay ...

To explore the question, I asked ChatGPT whether downsizing truly saves money in retirement. My goal wasn’t to see if Artificial Intelligence (AI) could deliver perfect financial advice. Instead, I ...

How Dr. Preston Cherry, founder and president of Concurrent Wealth Management, is talking to his Gen X clients about downsizing for retirement.

Learn how to preserve your property's value, tap equity for income and make smart choices about downsizing, renting or ...

When you buy through links on our articles, Future and its syndication partners may earn a commission. People tend toward 'overestimating' their current home's worth while 'underestimating what a new ...

To simplify your life, reduce your living expenses, and make some extra money for retirement, consider selling these 10 ...

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 ...

Many retirees consider downsizing, but changing locations doesn’t always result in an ideal outcome. You might find unexpected financial and emotional challenges after making the switch. Here are some ...

Smiling mature family check utility bills for water supply, gas and electricity, paying online together. Couple filling in quarterly and annual tax forms, calculation ...

One of the best strategies for getting financially ahead if you don’t have enough saved for retirement is to downsize. Many retirees will downsize their home first and use the cash freed up to ...

Retirement is no longer a distant dream for Gen Xers. It’s getting closer every year. This reality check means it’s the time to prepare for a more stable retirement. One of the best ways to prepare ...