How Dr. Preston Cherry, founder and president of Concurrent Wealth Management, is talking to his Gen X clients about downsizing for retirement.

To explore the question, I asked ChatGPT whether downsizing truly saves money in retirement. My goal wasn’t to see if Artificial Intelligence (AI) could deliver perfect financial advice. Instead, I ...

But be aware that downsizing also comes with serious drawbacks. You'll need to make sure you're prepared for them before moving forward. And if you have enough money in your IRA or 401 (k) to stay ...

When you buy through links on our articles, Future and its syndication partners may earn a commission. People tend toward 'overestimating' their current home's worth while 'underestimating what a new ...

Debbie Davies knew it made sense to downsize from her huge, high-maintenance house in Kenilworth, Warwickshire.

Learn how to preserve your property's value, tap equity for income and make smart choices about downsizing, renting or ...

If you’re about to retire, you’ve likely read or heard the advice that you should prepare to downsize. After all, many retirees are empty-nesters with larger, paid-off homes that may no longer meet ...

Retirement is no longer a distant dream for Gen Xers. It’s getting closer every year. This reality check means it’s the time to prepare for a more stable retirement. One of the best ways to prepare ...

Strategies include starting small, adopting a system, getting help from others and being ruthless about what to keep, even ...

Key Takeaways Planning where you'll live and whether to downsize your home is one of the biggest factors in planning for retirement.You can clear out the clutter and make extra cash by selling ...

Learn how Fed rate cuts could impact homebuyers nearing retirement, from mortgage costs to downsizing choices, and how to make smarter housing decisions.

Smiling mature family check utility bills for water supply, gas and electricity, paying online together. Couple filling in quarterly and annual tax forms, calculation ...