Here’s why downsizing after retirement often makes absolutely no sense. Are you living a ‘smaller’ life than you should?
Yahoo Finance·2026-03-20 19:30
Downsizing is often considered a financial slam dunk. On paper, it seems like a savvy move to sell a large home, unlock all that equity and move into a smaller house or condo to save on property taxes and maintenance costs. Since many older Americans are empty-nesters by the time they retire, all that space is often unnecessary anyway. Must Read However, the data suggests that this “savvy” move isn’t so popular. Roughly 61% of boomers said they do not plan to sell their homes, according to a 2025 surve ...