Hannah McQueen: The downsizing dilemma
Saturday Morning with Jack Tame · Newstalk ZB
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Show Notes
The downsizing dilemma – it’s a natural progression to downsize the family home when the kids fly the nest and you head into retirement, but people usually expect it to release more cash than it does.
If you find yourself in that situation you can end up in a pickle.
Why does it not provide as much of your retirement savings as people expect?
Why does timing become important?
Does moving to a cheaper area solve all that?
How do you avoid having an over reliance on your home, and what do you do if you are reliant on it?
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