Should You Downsize in Retirement? What To Do and What NOT To Do

Last Paycheck

Should you downsize in retirement?

In this episode of the Last Paycheck Podcast, CFP Professionals Rob Hoxton and Archie Hoxton dive into the ins and outs of downsizing as part of your retirement strategy. With many retirees considering smaller homes or moving closer to family, this episode tackles the financial and emotional aspects of making such a significant life change.

Rob and Archie break down common mistakes to avoid, like rushing into a purchase before consulting your financial planner or underestimating the tax implications when selling and buying properties. They discuss smart ways to bridge the gap between selling your current home and buying your next, including home equity lines of credit and securities-backed lines of credit. They offer practical tips on choosing a future-friendly home and navigating retirement communities.

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Listen in on conversations with CFP Professionals Archie and Rob Hoxton as they share weekly wisdom to help you retire and stay retired. Have you ever wondered what it will feel like when you get your last paycheck? Whether it’s excitement, anxiety, or anything in between, this show is for you.

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Last Paycheck contains general information that is not suitable for everyone and was prepared for informational purposes only. Nothing contained in the presentation should be construed as a solicitation to buy or sell any security or as an offer to provide investment advice. Archie and Rob are investment advisor representatives of Hoxton Planning and Management LLC, a registered investment advisor.