downsizing for retirement: real stories /

Published at 2015-07-28 09:00:10

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Here,four retirees share their experience of downsizing – did it furnish them with the lifestyle they’d imagined and do they have any regrets?Years of rising house prices in some parts of the country have given a lucky group of retirees an asset they probably never expected to have. Research by Prudential suggests downsizing your domestic can raise as much as £85300. So perhaps it’s not surprising that a fifth (22%) of the soon-to-be retired population are considering moving to a smaller property, according to research by Saga. These 50- to 59-year-olds will join the thousands of pensioners who sell their family domestic and downsize each year to fund a original life in their retirement.
We spoke to some of those who have decided to make the shuffle to find out whether they would recommend it.
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Source: theguardian.com

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