Downsizing is largely a thing of the past, unless you’re moving into a seniors complex or an independent/assisted living complex, usually when one spouse dies. Once you factor in all those costs and the effort, finding the perfect downsize property, many retirees realize it’s not such a sweet deal.
It’s trending towards just selling and then finding a place to rent. Selling a house for $500k to $1m goes a long way even if you’re paying $2k a month for rent.
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