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Retirement Answers Today is your go-to podcast for clear, actionable guidance to build your dream retirement. Hosted by experienced Dave Ramsey SmartVestor Pros, each episode simplifies the complexities of retirement planning and wealth management, giving you strategies you can confidently implement today. Whether you’re nearing retirement or already there, we’ll cover crucial topics such as creating sustainable retirement income, managing taxes strategically, making smart investment decisions, maximizing your Social Security benefits, and much more. Our goal is simple: help you achieve financial clarity and peace of mind, so you can spend retirement focused on what truly matters. Tune in weekly to get straightforward advice, timely insights, and practical answers to your biggest retirement questions. It’s time to secure your financial future—start listening to Retirement Answers Today and make informed decisions that help you retire with confidence.
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![Should you downsize your home in retirement? [Episode 10]](https://pbcdn1.podbean.com/imglogo/image-logo/6000453/Retirement-Answers-Today-Podcast-2-transformed_300x300.jpeg)
Monday Jul 13, 2020
Should you downsize your home in retirement? [Episode 10]
Monday Jul 13, 2020
Monday Jul 13, 2020
So, you’ve retired—congrats! You’ve got time on your hands and way too much space. Let’s talk downsizing!
Downsizing can be a liberating experience—especially when you no longer have to worry about cleaning and maintaining a big house. Plus, downsizing can help you flush out the old and start fresh! But beyond the day to day perks of downsizing, there are some great advantages of downsizing that can help you financially, as well.
Jim lays out all of the financial benefits of downsizing that are definitely things to consider. Jim details why these pros to downsizing are so beneficial and how they can be advantageous for your post-retirement finances. However, Jim also keeps it real by describing the cons—both emotional and fiscal—that should be considered when contemplating if downsizing is right for you.
Downsizing can be a big step, both emotionally and financially. Just like any big decision, it’s a good idea to weight the pros and cons and be mindful of your decision. Ultimately, it is YOUR choice, so learn about it before you make your big decision!
Looking at UPsizing, not downsizing? Whether you’re looking at buying a second home, a bigger home, or a home far far away, Jim offers some valuable advice to follow before you buy!
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