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GOBankingRates

GOBankingRates

Business

Business & Economics

Downsizing might not be the right move for you — and what you can do instead

GOBankingRates
Summary
Nutrition label

70% Informative

Rising housing costs, emotional attachments and unexpected expenses can make downsizing more difficult and expensive than expected.

Downsizing isn’t always a financial win for retirees on a fixed income.

Many boomers raised families and spent decades in their homes.

Selling your home might seem like a straightforward way to unlock equity and simplify your life, but the hidden costs can eat into your profits.

VR Score

64

Informative language

62

Neutral language

72

Article tone

informal

Language

English

Language complexity

55

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

detected

Known propaganda techniques

not detected

Time-value

long-living

Affiliate links

no affiliate links

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