Dollars With Dennis

The Truth About Downsizing in Retirement


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Downsizing may seem like a quick way to cut costs and simplify life, but rising property taxes, insurance rates, and HOA fees can quickly erase any savings. Is downsizing truly the answer, or does it just bring more complications? Today, we’ll go beyond the financials to explore the emotional and practical challenges of leaving your home. 

Here’s some of what we discuss in this episode:

💰The real costs of downsizing, financial and emotional 

🏝️ The impact of location and climate on retirement choices

📦 The stress and expense of moving

👨‍👩‍👧‍👦 How family dynamics shape downsizing decisions

 

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Dollars With DennisBy Dennis Horr