The idea of downsizing in retirement sounds brilliant at first. Smaller house, fewer bills, a pile of cash from selling the ...

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 ...

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.

But if your children have grown up and moved out, and you no longer need the extra space, downsizing is probably worth ...

Selling your home to downsize can make your retirement more financially stable, but if you have a profit on the sale you might owe capital gains taxes. Fortunately, in many cases those selling their ...

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 of pension savings brizmaker via ...

There are certain expenses in retirement you really can't control. You need healthcare, for example. So if the cost of Medicare goes up, you may have no choice but to pay. Housing, on the other hand, ...

If you’re a retiree sitting on a house you bought 30 years ago, congratulations — you might be living inside a gold mine. Thanks to decades of appreciation, many baby boomers are now “house rich” but ...

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 ...