Downsizing in retirement can sound simple: free up home equity, reduce maintenance, and simplify your life.
But a smaller home is not always cheaper, or better. It may affect family visits, community, accessibility, rent or condo risks, and the meaning attached to a long-time home.
My latest #MoneyArchitect blog looks at the trade-offs.
https://moneyarchitect.ca/downsizing-in-retirement-things-to-consider/
#PersonalFinanceCanada #FinancialPlanning #RetirementPlanning #Downsizing
