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You’ve Decided to Downsize — Now What? 6 Tips for Seniors

By: Lucille Rosetti

info@thebereaved.org │The Bereaved

There are many reasons seniors decide to downsize. For one, letting go of the burden of possessions during retirement can be incredibly freeing. What’s more, it can also help add an extra financial cushion to your retirement income. Regardless of your decision to downsize, there are a lot of bittersweet and stressful moments ahead. One of the hardest is also one of the most obvious — what to do with your current home. Here are three options to consider.

Rent Your Home

For many seniors, renting out their home can bolster bank accounts, add to a financial safety net, or foot the bill for…