RETP069 Should you downsize to upsize your retirement (817 words)

This article looks at the current behaviours of older Australians with respect to downsizing the family home, as well as factors that should be considered when weighing up the decision to downsize.

To downsize or not to downsize is the question facing many home-owning Australians in the lead up to or in their retirement years.

And the answer is… it depends.

There are many factors to consider when weighing up the decision of whether to sell the family home or not, and it depends on your personal circumstances and goals as to which option is going to be the best for you.