Baby Boomer Retirement: The Downside of Downsizing your Home: For anyone who has been planning their retirement very long, you know the importance of maintaining a balanced budget. One way to achieve this goal is to downsize your home and move somewhere smaller and less expensive.
However, many people start out with this worthwhile goal, only to end up saving little, if any, money. Others find that the change is upsetting and depressing because of the loved ones they leave behind.
There are other common pitfalls that need to be avoided when working on your retirement plans. Get the details and save yourself a lot of frustration.
Read more at Baby Boomer Retirement: The Downside of Downsizing your Home.
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