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    Is Downsizing in Retirement Right for You?

    by Mike Piershale, ChFC, President, Piershale Financial Group Jul 13, 2018 3 minutes

    Going through years of accumulated possessions and memories is probably not how you envisioned spending part of your retirement. It may sound like a daunting and emotionally draining task, but downsizing could be a savvy financial move, especially if you haven't reached your retirement savings goals.

    Before making any decisions, think about why you want to downsize in the first place.

    • Is it because you want to save on mortgage payments?
    • Are you looking to free up some cash to help pursue lifestyle goals in retirement?
    • Or perhaps or to be closer to family.

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