You kids have grown up and moved out. Now it is just the two of you in this big ole house. It is the home where all of your kids were raised and there are so many memories, but you both know it is just too much house for you these days.
You now looking at retirement and trying to get a hold of your expenses, but at the same time not trying to sell yourself short. You want to be comfortable but not have so little that you are constantly missing the space of your old home. So how do you do it smart?
The main thing is to sit down and think about what you need and want. I mean it. Think about ever scenario. Do you really want to keep do holidays at your home or is it maybe time to pass on the torch. Yes, it is going to be different, and it will probably take some time to get use to.
The key is to take some time to plan. Then maybe take a little more. Also you should consult with a local agent so you are not over or underestimating what get or find.