For a growing number of homeowners, retirement isn’t some distant idea anymore. It’s starting to feel very real. If you’re considering retiring soon, you may want to think about your current home and how it will work for you during your retirement. You may, in fact, be thinking about downsizing to fit this new lifestyle. Why Downsize? Now’s the perfect time to reflect on what you want your life to look like in retirement. Because even though your finances will be going through a big change, you don’t necessarily want to feel like you’re living with less. Odds are, what you do want is for life to feel easier. Easier to…

Downsizing your home usually signifies a major transition: the need for a simpler life, financial considerations in retirement, or the nest becoming empty as children move out of the house. When selling your home, it’s not merely the physical task of moving or getting rid of possessions that makes this process difficult; it’s the emotional journey that accompanies it. There are so many emotions associated with downsizing, so it will take insights and strategies to get started on this significant life change. There are the complexities of emotional attachments to possessions, the stress of decision-making, and the process of grieving while embracing new…

If you are retiring, you need to think about lifestyle changes you're going to make since you're no longer tied to a job. For many people, downsizing to a smaller -- and typically cheaper -- home is one smart lifestyle change worth making. Here are four big benefits that could make a move worthwhile: 1. Cash in your equity to bulk up your nest egg For many people, their home is their most valuable asset. If you've paid off all or most of your mortgage and/or if your home has gone up in value since you bought it, you might have tens of thousands (or…

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