Home-owners who downsize have five choices for the proceeds they receive from the sale of their home. They may choose a combination of all five or only two to three. Very rarely will they choose only one. Here’s a breakdown of the five along with some thoughts on the one that will be very common throughout this decade.
Aren’t you supposed to stop working when you retire? Nope. Times have changed. More people who are no longer in their full-time job are now working after “retirement”. The reason for this varies. They are still working by necessity, by choice or by invitation. Here’s what I see when surveying the retirement landscape.
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?
Continue reading “Downsizing Stories – Go South | Health | Debt”
Here are six reasons for having to downsize a home in a hurry along with helpful suggestions on how to proceed.
Continue reading “How to Downsize on a Tight Schedule”
Definition:
Downsizing is the process of preparing for and moving from a larger residence to a smaller one. It usually involves a reduction in the amount of space, stuff and home expenses as part of the move from your current home. Here’s the detail.
Continue reading “What is “downsizing”?”
Downsizing Help 