Stories of others who have downsized can be very helpful when you are in a similar situation. Here are three, video stories of couples who downsized for three different reasons:
* to retire and “go South”
* to respond to a health change
* to get out of debt.
How did it work out for them?
1. Downsize & Go Down South
By downsizing their home, Brenda and Peter were able to make their retirement dream of spending winters in Florida a reality. Here’s their story.
1:28
2. Couple Pushed To Retire Early After Scary Health Crisis
From: My Success Story | CNBC
When two dear friends passed away and Mark got diagnosed with cancer, Mark and Holly realized they have no time to waste. They downsized their house and hit the retirement road early.
2:55
3. Couple Drowned By Debt On The Cusp Of Retirement
From: Live And Learn | CNBC
Sue and Rich Ramirez were in their 60s with $85,000 in debt. After one of them lost their job, the reality of an overwhelming mortgage and credit card debt set in. CNBC’s Live and Learn brings the story of a late in life financial recovery.
4:11
You may notice some Canadian spelling in these posts. The words may look odd but that’s how we spell them. We’re used to it.
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Author:
Unless otherwise credited, all posts are happily authored with a quill pen …
Paul Ferri, Broker, ASA (Accredited Senior Agent)
RE/MAX Unique Inc. Brokerage*, Toronto, Canada
*Each office independently owned and operated.
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