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Kiplinger
Kiplinger
Business
Kathryn Pomroy

6 Myths About Downsizing in Retirement

T8BENR Mature couple sitting on floor near boxes indoors. Moving into new house.

When you're thinking about retiring, downsizing may come to mind — swapping your big house for something smaller and more compact.

It's often sold as a smart move for retirees, but it's not for everyone. You may not have the funds, energy or interest to pack up your belongings and move to something smaller, and that's okay. But if the idea truly suits you, downsizing can be a practical way to ease into retirement.

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