Reply to 2023: where will you move when your kids leave home?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I don’t really understand concept of downsizing quickly.

If I thought I liked a place maybe I buy a condo or rent and try it out.

Or even just a VRBO for a month first.

Also until my kids actually get married and buy a house how do you even pick a place.

Today people have kids so much later. My youngest graduates college when I am 67. My cousin is 66 with a kid in HS. My Good college friend is 60 with kids 4, 8 and 12. He is 77 when his last graduates college.

Al Pacino just had a kid at 82 he is 103 his kid graduated college and Robert Deniro just had a kid at 78 is 99 when his kid graduates college.

I don’t see how downsizing is practical with people working till 70-80. Is Joe Biden supposed to downsize. Maybe Dick Van Dyke when he retires can down size.

Downsizing was my uncles and grand uncles who were cops and fireman. Got married at 21, became a cop or fireman at 21. Done with kids by 30 and did their 30 years on force by 51 with kids out of house. Those days are over [/quote]
What does the age you become an empty nester have to do with downsizing? Once kids are out of the house, you don't need to maintain/clean/heat/cool all that space for them to come visit from time to time.[/quote]

I think most people (even in this area) are around 50 when their kids leave for college. Plenty of time to downsize if they want.  [/quote]

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