Anonymous wrote:You should never downsize if you can afford to keep a larger house. My parents downsized and it really sucks. There is not nearly enough room to come visit with the kids when they only key have two bedrooms and the second bedroom has a twin bed. The guest bed is not even big enough for two people so there is nowhere for us to sleep. I will not do this to my children and there needs to be enough room for everyone to visit during the holidays. Any house I buy after the kids go to college will have a minimum of 4 bedrooms so there is plenty of room for them to visit (hopefully with grandkids too). Honestly, I probably want 5 or six bedrooms because if both kids visit with the grandkids, (at the same time) they will need at least 4 bedrooms.
Anonymous wrote:
Unless your house is huge, I'd wait.
Kids come back home after college these days. And they even when they leave, -- they marry and have children. You need space for them!
If you have the flexibility to choose and enjoy having your kids around, I’d say wait.
My in-laws didn’t downsize, making visits with their DC, partners and grandparents easier as solo or bigger gatherings. The ILs got a lot more time with their grandkids.
My parents downsized and it was more stressful for the kids and grandkids to all visit siblings together. So we all went different times.
My parents had 7 children. That meant 7 in-laws and 8 grandchildren. There is no way they could maintain a house big enough for all of us to visit at the same time (much less cook big dinners for us). This was not even on my radar as a "thing". We stayed in hotels quite a bit (and my mom knew the hotel manager because she had taught her in school so we would get all the upgrade rooms). My mom would actually reserve the rooms and my parents would come to the hotel to have breakfast with us every day. It was nice. Much cheaper than maintaining a mansion.
Anonymous wrote: Unless your house is huge, I'd wait.
Kids come back home after college these days. And they even when they leave, -- they marry and have children. You need space for them!
Anonymous wrote:Anonymous wrote: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.
You can still downsize and have room for them. Make sure you get a 2 bedroom maybe an office with a pullout sofa.
Give them space but don’t make them comfortable is the goal.
Anonymous wrote: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.
Anonymous wrote:Anonymous wrote: Unless your house is huge, I'd wait.
Kids come back home after college these days. And they even when they leave, -- they marry and have children. You need space for them!
I kind of feel sad for all those people whose lives revolve around their kids for decades on end. It never ends does it? My friend with a 29-year-old son, grad degree and everything, just gave him $15,000 to leave her house for good...because he and his depressing fiancee just wanted to live in her huge home forever. I can't even imagine...
Anonymous wrote:Why even downsize? What are the positives?
Anonymous wrote:Just curious whether it was somehow helpful or important to your kids for you to still live in the same house/neighborhood where they went to high school. We will be close to retirement age when last kid goes to college and I imagine that we will not want or need the big family house at that time. But, I can also see that it would be nice for kids to come back during college to be in their old neighborhood. And then there is the thought that they might want to live rent-free after college when they start working, etc. etc.
I can see that having the family house would be convenient for certain times (holidays, etc.), but really, what do people find to be the right time to downsize. (we recently vacationed in a 2 bdrm condo -- one level and really like it! made us wonder why we have so much space and how long we will want a big house after the kids leave). I'm just looking for other people's wisdom.
Anonymous wrote:Anonymous wrote: Unless your house is huge, I'd wait.
Kids come back home after college these days. And they even when they leave, -- they marry and have children. You need space for them!
I kind of feel sad for all those people whose lives revolve around their kids for decades on end. It never ends does it? My friend with a 29-year-old son, grad degree and everything, just gave him $15,000 to leave her house for good...because he and his depressing fiancee just wanted to live in her huge home forever. I can't even imagine...
Anonymous wrote:Anonymous wrote: Unless your house is huge, I'd wait.
Kids come back home after college these days. And they even when they leave, -- they marry and have children. You need space for them!
I kind of feel sad for all those people whose lives revolve around their kids for decades on end. It never ends does it? My friend with a 29-year-old son, grad degree and everything, just gave him $15,000 to leave her house for good...because he and his depressing fiancee just wanted to live in her huge home forever. I can't even imagine...