If you’ve decided to downsize, you certainly aren’t alone in that decision. According to a TD Ameritrade survey, “42 percent of Americans plan to downsize in retirement.” Downsizing can be a great way to lower expenses as well as reduce the time, money, and effort it takes to maintain a large home. When downsizing, you have a variety of choices as to what to do with your current home. Sell it If you need an influx of money to be able to pay for your new home, the best option

Fixer-uppers are an attractive option for first-time buyers, mostly due to the reduced price tag. As long as you are willing to put in some work, you could have a bigger house in a better location that’s designed to suit your tastes and needs. If that sounds too good to be true, it’s because it often is: fixing up a house comes with considerable risk. If you are thinking about taking the leap, here are four general rules to keep in mind. Know Your Budget Before you start look