Skipping the daily coffee shop run and getting rid of unused subscriptions will certainly save you money here and there, but downsizing is a way to free up much more of your budget. And in retirement, ...

Consider why you want to downsize and what benefits you want to get from the move. Reducing your costs, for example, makes it ...

One of the best strategies for getting financially ahead if you don’t have enough saved for retirement is to downsize. Many retirees will downsize their home first and use the cash freed up to ...

Remember that minimalist trend from a few years ago? The one where you were encouraged to send anything that didn’t “spark joy” to the junkyard or thrift store? It may have seemed like just another ...

Though it might seem overwhelming at first — especially if you’re moving decades worth of stuff into a smaller home — there are some strategies that can make the downsizing process a lot smoother.

Many retirees consider downsizing, but changing locations doesn’t always result in an ideal outcome. You might find unexpected financial and emotional challenges after making the switch. Here are some ...

There are certain expenses in retirement you really can't control. You need healthcare, for example. So if the cost of Medicare goes up, you may have no choice but to pay. Housing, on the other hand, ...

If Cyril uses the assets in his registered retirement savings plan (RRSP) between age 65 and 70, and delays his government ...

Retirement is a long-term goal that often requires multiple decades of planning. You have to save money, invest it, and ...