Sometimes people downsize even a paid off home because it frees up the cash lining the walls of the home and can be

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Sep 27, 2024
1:02:45pm

supertux Nice.

Sometimes people downsize even a paid off home because it frees up the cash lining the walls of the home and can be

the difference between retiring now or years later.

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supertux

Previous username: Hot Extrusion
Bio page: supertux
Joined: Nov 29, 2012
Last login: Sep 27, 2024
Total posts: 57,764 (17,957 FO)

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Messages

Author

Time

Many people I know don't downsize after retirement because they want room for

mudpupper

10:41am

That's what I envision doing. Our BR is on the main floor, all kids' rooms are

gangbusters

10:43am

Makes sense if you're not relocating. But if you move anyway, makes no sense to me to not downsize.

Mr. Belding

10:45am

For sure.

gangbusters

10:46am

My wife wants the same. I just think that's a dumb reason to keep a big home. Especially if it's for only once or twice

Mr. Belding

10:44am

Very impractical and unrealistic.

10:44am

A home is not a business.

10:47am

Big difference. Most people live to live, not minimize costs and maximize profit

Big Daddy D

10:49am

Possessions are earthly

12:40pm

Hoard? SMH, a home is where you build your eternal family.

12:48pm

Hmmm… I didn’t realize

1:47pm

Home centered, church supported.

1:51pm

You call it hoarding. I’ll call it gathering with my family. You’re twisted.

Big Daddy D

1:56pm

It just depends what % your house is of your networth.

maYbe

10:46am

I think of many of my best memories - most are at older relatives homes with a lot of space. Creates a gathering place.

dryflyelk

10:50am

I have some lakefront property where we're going to build our retirement house. The house will only have a couple

WDaddy

10:50am

Would love to see the plans for that if you don’t mind sharing.

Abe Froman

11:00am

No plans yet. I just have the concept in my mind and have sketched the layout with my wife a few times.

WDaddy

11:04am

Share the sketches!

Abe Froman

11:08am

I love this idea! Small home with airbnb-able outbuildings in vacation area

mang

11:04am

Exactly

WDaddy

11:17am

When we lived in St George a lot of retirees would move there and build a big

macdizzle

10:52am

Empty nester here and my wife wants to upgrade to a bigger home so all the kids’ families can visit.

Joe Banks

10:55am

Don't do it. She will complain how dirty the home is, and spend her time

Archaea

11:05am

Maintenance costs:

Archaea

11:04am

I want to downsize and go mortgage free. My wife wants rooms for kids and future grandkids. I will lose the battle

JamieTartt

11:06am

You and I can move in together and our wives can share a home. Oh and…

m0resn0w

11:08am

I’m excited to downsize. BUT I want an oversized garage, so we’ll see what we

m0resn0w

11:07am

I also want an oversized garage - we are a perfect match.

JamieTartt

11:40am

What is this retirement thing you speak of?

Canusa

11:10am

My dream is to turn half of my house into a recording studio.

TheWanderer

11:12am

I'd be sad if my parents ever downsized and moved from San Diego. It's nice to

SuperTank

11:13am

1. until this year all our kids lived within 50 miles of us

Florwood

11:29am

Sometimes people downsize even a paid off home because it frees up the cash lining the walls of the home and can be

supertux

1:02pm

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