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 ...

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 ...

Selling your longtime home and downsizing in retirement is a common practice for people entering their golden years. While ...

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

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 ...

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

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.

Your retirement probably won't look like your parents' retirement, thanks in part to rising costs. Here are some ways to assess your finances to get yourself into a better financial position.

Dr. Preston D. Cherry is the founder and president of Concurrent Financial Planning where he strives to help clients align their money goals with their life’s purpose, with the ultimate goal being to ...

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 ...