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Reply to "At what age you should downsize? "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I think it depends on your health and how big your house is. If you have an 8000SF home in McLean, maybe you downsize when the kids are in college/done with college. If you have a 3000 or 4000SF house with a first floor master suite, I would think there's no urgency unless you need the equity out of it or don't want to pay for cleaning and lawn care as you get older.[/quote] Lol, 3-4k sf house is not a small house. Particularly if you're cleaning it yourself. [/quote] I posted that- if the master is on the first floor, you don't use the second floor unless people are staying with you. My parents moved to a house like this and were fine until about age 70. In their case, they had laundry and the master bedroom on the main level, and the cleaners only did the second floor a few times a year (mostly just dusting). [/quote] My parents just bought a ski house like that at 69. I guess age is relative. And they're going out with a bang. [/quote] Wow, they are regularly skiing? Good for them! When they can't ski anymore, they can just do apres ski on the main level of their home. Amazing.[/quote]
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