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Downsize your home. Rightsize your life.
Your kids have left home and you have more living space than you need. Should you consider downsizing to a smaller home?
If children or other family members are becoming less dependent on you financially, your earnings may peak. Your focus may shift to catching up or maximizing retirement savings; however, the desire for “the good life” can compete with savings goals. And though the nest may be empty, the financial needs of adult children and aging parents can create new burdens.