Saving With Silverman

Should You Downsize in Retirement? Factors to Consider


Listen Later

Want to get in touch with Mark? 👉 https://silverman-associates.com/home

Is downsizing right for you in retirement? For many retirees, the decision to downsize isn’t just about saving money; it’s about simplifying life. Mark reveals why moving to a smaller home isn’t always a money-saver, digging into costs like mortgages, HOA fees, and property taxes. He shares his personal perspective and explains how family needs and lifestyle goals play a role. Tune in for practical advice to help you weigh the real pros and cons before making this big move.

Here’s what we discuss in today’s show:

🏡 Downsizing Decisions: understanding when a move makes financial and lifestyle sense

đź’µ Financial Planning Factors: how selling, buying, or renting affects your retirement budget

đź§ą Maintenance & Upkeep: reducing home responsibilities without sacrificing comfort

💬 Emotional Shifts: preparing for the lifestyle changes that come with “less stuff”

đź§­ Timing Matters: why market conditions and tax considerations should guide your decision

 

Want to get in touch with Mark? 

Web:

https://silverman-associates.com/home

Email:

Phone:

520.512.8832

...more
View all episodesView all episodes
Download on the App Store

Saving With SilvermanBy Mark Silverman

  • 5
  • 5
  • 5
  • 5
  • 5

5

4 ratings