So you are soon to be an empty nester! With the kids flown from the nest, it’s your time to welcome a new chapter of freedom and flexibility. Whether you’re looking to downsize to a cozier space or relocate to your dream destination, navigating the mortgage landscape can seem overwhelming.
The Top Reasons To Downsize When You Retire
If you have been in your house for a long time, there is a great chance that you have paid off almost the entirety of your mortgage. Furthermore, your home may have even gone up in value by tens of thousands of dollars.
5 Important Benefits Of Downsizing Your Home
After the children are all grown and moved out, the family home often feels excessively large and empty. If you’re in this stage of life, you may be wondering if you should downsize like so many others, or stay put. Downsizing may be the best option, depending on your lifestyle.
Pros and Cons of Downsizing After Retirement
With Baby Boomers already rolling into retirement and Gen X looking forward to shrugging off the stress of the 40-hour work week, downsizing could be a strategic move.
Is Downsizing The Next Big Trend In Homes?
Instead of going for larger homes, which was an overwhelming trend in years past, many people are choosing micro-dwellings.
