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Downsizing in Retirement? 3 Drawbacks to Consider


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, is an expense you can control to some degree. If you raised your family in a larger home and are now retired, you may not need the same amount of square footage you once did.

Image source: Getty Images.

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Source Fool.com


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