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Reply to "When to downsize? When kids leave for college or later?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]If you want to downsize, wait a few more years until they find their first stable jobs. A lot of them come back home after college. [/quote] I agree. There is also the possibility that you may want to move elsewhere, e.g. to be closer to wherever they settle.[/quote] don't do this. My family and DH's family are scatter everywhere. Young adults move around, even after having kids. Pick a spot where *YOU* want to retire.[/quote] Depends on the family. It's something you need to talk about. When I was a kid my grandma moved across the country to live near us. When my parents retired they moved to live near my sister (3 sibs in my family all living in different areas of the US). In both cases it was at a point where the younger family definitely felt settled and had no plans to move. It is so much easier for the family if aging parents live near one of their children (I'd have been happy to have my parents move here but they decided they preferred the weather in CA near my sister). I expect that we will stay in our house until we decide it's too much to take care of and then move to live near one of our kids, who I hope will be settled by that point. We never upsized our house when we had kids so it's a bit tight now but will still be a comfortable size when they move out.[/quote] My parents moved near me when we bought a large family house and got pregnant. They knew we weren't moving any time soon and they wanted to be a part of their grandkid's lives. [/quote]
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