Sitting on shares of Nvidia Corp. from before the chipmaker got into AI and its stock gained 35,000%? Have a cabin in the mountains that’s appreciated in value and then some? It’s only natural to want to cash out and sell those assets in retirement, even if you don’t need the cash.
But before you do, it pays to take a moment and think about what selling them gets you. Whether it’s an appreciated stock or a piece of real estate, there are financial and emotional implications to selling assets that can be detrimental to your retirement.