Economic and Political Insights

Economic and Political Insights

Personal Finance & Investing

The House Downsizing Decision Tree

David Bernstein's avatar
David Bernstein
Sep 12, 2024
∙ Paid

Introduction:

Often households nearing retirement find they do not have enough liquid assets to sustain themselves for the long-term. One potential choice for some of these households is to downsize to a smaller home and eliminate existing debt.

A financial advisor or realtor attempting to advise clients on whether to downsize or stay in their current res…

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