Once their kids have left the nest, many men and women over 50 begin to consider downzizing their homes. Downsizing to a smaller home can be beneficial for a variety of reasons, including less home to clean and maintain, more affordable utility bills and lower property taxes. But the decision to downsize is rarely black and white, and men and women often struggle with that decision.

Personal finances

Real estate market

Space

How much space do you really need? Once the kids have moved out, couples may feel like all of that extra space is going to waste. But that can be a knee-jerk reaction, and upon a more thorough examination of the space and your needs you may just find that you can put all of that extra squarefootage to good use after all. If you have always wanted your own art studio, then now might be the perfect time to make that a reality. Always wanted a home theatre room?