But be aware that downsizing also comes with serious drawbacks. You'll need to make sure you're prepared for them before moving forward. And if you have enough money in your IRA or 401 (k) to stay ...

Key Takeaways Planning where you'll live and whether to downsize your home is one of the biggest factors in planning for retirement.You can clear out the clutter and make extra cash by selling ...

When you buy through links on our articles, Future and its syndication partners may earn a commission. People tend toward 'overestimating' their current home's worth while 'underestimating what a new ...

Learn how to preserve your property's value, tap equity for income and make smart choices about downsizing, renting, or ...

Ensure financial security in retirement by doing things like paying off debt, maxing out your HSA, and adjusting investments ...

How Dr. Preston Cherry, founder and president of Concurrent Wealth Management, is talking to his Gen X clients about downsizing for retirement.

One of the best strategies for getting financially ahead if you don’t have enough saved for retirement is to downsize. Many retirees will downsize their home first and use the cash freed up to ...

The average 401(k) balance for someone in their 60s was $568,040 as of June 2025. The median, though, was far less: $188,792.

Retirement is no longer a distant dream for Gen Xers. It’s getting closer every year. This reality check means it’s the time to prepare for a more stable retirement. One of the best ways to prepare ...