Many people downsize in retirement as a way to cut back on expenses and make their lives simpler.
Storyboard
25 Things to Sell When You're Ready to Retire
Many people downsize in retirement as a way to cut back on expenses and make their lives simpler. For some, this means relocating to a smaller home or a retirement community. For others, this can just mean getting rid of stuff they no longer use anymore.
You're planning to retire in the not-so-distant future, which means you'll be living on a fixed income.
If you're thinking about relocating to somewhere cheaper in retirement, you're not alone.
When pondering the question, "How much do I need to retire?" there is never a one-size-fits-all answer.
Social Security is an essential safety net for many Americans.