downsizing
The Pros and Cons of Downsizing
Does downsizing work for empty nesters? The logic seems plain enough. Free up cash to spend enjoying your senior years, and reduce the level of upkeep to a property that has more space than you need. You can even move to a property that suits the challenges of advancing years more closely. But it’s more […]
Read moreMove home or adapt? Financial considerations for retirees
People reaching retirement age often start looking at the options for downsizing for easier management and mobility, moving away from busy areas, or even upsizing to have the space for grandchildren to stay. They might also be thinking about buying a cheaper property and using cash from the sale to help supplement their pension. For […]
Read moreWhat’s new in finance and money management for older people? July 2021
Whether you’re helping an older relative or friend to management their finances, or are planning for your own retirement, here are some updates you many find useful. Women’s pensions It looks like the ‘Waspi’ (Women Against State Pension Inequality) generation of women could receive some sort of compensation for their lost pensions after all. The […]
Read moreNews bits May 2019
In this week’s news: A hospital trust is fined for refusing to allow a vulnerable patient be released into the care of her family Bank transfers are due for extra safety checks, but not yet There are more calls to cut stamp duty for downsizing retirees Scotland has joined Wales in passing a law on […]
Read moreHow to make downsizing a good experience
Sarah Macnaught, founder of London-based home organising company Rightsize, shares her hints and tips for helping your parent decide what to keep, what to sell and what to give away when it comes moving their belongings from the family home. When downsizing becomes a pressing need for a parent, due to illness, bereavement, finances or […]
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