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Reply to "Give me ALL the talking points for talking to parents about downsizing and/or moving"
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[quote=Anonymous]DH and I are nearing retirement age (65-67) and have a large 2-level home in a suburb of a major west coast city. It is paid off and we are contemplating when to renovate to age in place or downsize to a one-story. We crunched the numbers and we would take a big hit in capital gains taxes if we sold and get much less house. Our location is very convenient, within 15-20 minutes of anywhere we need to go but it would have to be by car since mass transit is bad. Two major medical centers are nearby, the weather is mild, and there is plenty to do in our free time. Our only son is now in DC and will probably be there for a little while. We can't imagine moving near to him without knowing if he will be there permanently. Maybe the next few years will bring us more clarity. [/quote]
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