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If you find that our
retirement income doesn't
quite meet your expenses,
the capital you will
free up selling your
home can be invested
in income producing
investments, providing
you with the extra income
you may need.
To simplify your lifestyle
or better meet your
new lifestyle:
Would it be more convenient
to live in a smaller
place? Or a place that's
closer to certain facilities,
friends, family, activity
centers you plan to
use regularly, etc.?
What about your retired
lifestyle? How much
traveling are you planning
to do? If you're spending
most of your time traveling,
will your home be empty
while you're away? Do
you have a cottage where
you're planning to spend
much of your retirement
years? Do you belong
to a community club
or church where you're
planning to spend much
of your time? These
decisions will help
you decide whether it
makes better sense to
sell your house and
downsize.
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