Retired in America

Your Guide to a Confident Retirement

  • Home
  • Personal finance
  • Retirement Life
  • Saving & Spending

Downsizing Your Home? Stay Away From These 8 Crucial Mistakes

July 10, 2019 · Personal finance
Professional movers carefully handling a wrapped piece of art.
Professional movers carefully transport a large bubble-wrapped painting down the stairs of a spacious home.

When DIY Isn’t Enough: Hiring Professionals

Handling a complex real estate transition entirely on your own often leads to burnout. Do not let pride stop you from bringing in specialized help when the stakes are high.

  • Massive Clutter and Decades of Belongings: If the thought of emptying the attic makes you physically ill, hire a Senior Move Manager. These certified professionals specialize in helping older adults downsize. They create floor plans, sort belongings, hire estate sale companies, and completely unpack your boxes in the new home.
  • Complex Tax Situations: If your home has appreciated by more than $500,000, or if you run a home-based business and take depreciation deductions, do not guess at the tax math. Hire a Certified Public Accountant (CPA) before listing the home to execute tax-mitigation strategies.
  • Retirement Income Planning: If you plan to use the proceeds from the home sale to fund your daily living expenses, consult a fiduciary financial planner. They can model how to invest the lump sum safely, ensuring the money outlasts your retirement. You can verify advisor credentials through resources like Investor.gov.
Pages: 1 2 3 4 5 6 7 8 9 10 11 12 13 14

Share this article

Facebook Twitter Pinterest LinkedIn Email

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

Latest Posts

  • A woman sits at a wooden table reviewing financial documents and account statements beside a window and bookshelf. 9 Things to Do With Inherited Retirement Accounts
  • Senior couple in a sunlit living room with large windows, one looking outside and one browsing a wooden bookshelf. 8 Reasons Retirees Are Choosing Co-Ops Over Condos
  • A smiling senior vendor weighing produce on a hanging scale for a customer at a sunny outdoor farmers market. 7 Part-Time Jobs at Farmers Markets and Local Fairs for Seniors
  • Mature man reviews Social Security paperwork and a US passport at an outdoor table overlooking a coastal European city. 7 Social Security Rules for People Who Worked Overseas
  • An older woman talks with an adult woman across a sunlit wooden table set with tea and a notepad. 10 Things Retirees Wish Their Kids Knew About Their Finances
  • A senior couple with luggage stands on an outdoor train platform, checking a travel brochure beside a passenger train. 12 Places Where Retirees Can Afford Both Rent and Travel
  • Mature woman sitting thoughtfully at a wooden table with financial papers, an open planner, glasses, and a steaming mug. 7 Retirement Account Rules That Changed Recently
  • Senior couple walking arm in arm along a brick sidewalk past a bakery, bookstore, and cafe table with coffee. 11 Signs You've Chosen the Right Retirement Town
  • Older couple reviewing tax returns and moving paperwork at a table with cardboard boxes stacked behind them. 7 Tax Surprises for Retirees Who Move Across State Lines
  • Senior couple sits on a wooden porch bench looking at a map together, overlooking a small mountain town street at sunset. 10 Mid-Sized Cities Retirees Are Choosing Over Big Metros

Newsletter

Get retirement planning tips, savings strategies, and lifestyle insights delivered to your inbox.

Related Articles

10 Quick Ways to Earn Some Extra Cash During Retirement

10. Providing customer service Do you often find yourself talking on the phone with a…

Read More →

10 Social Security Alternatives To Earn More in Retirement

Downsizing – While it might not be the first thing that pops into your head, it…

Read More →
Senior man with grey hair sitting at a wooden table reading paperwork beside a steaming mug and notebook.

8 Things That Automatically Change the Year You Turn 73

Learn the 8 major financial, tax, and Medicare changes that take effect the year you…

Read More →

11 Out of the Box Methods to Save for Retirement

Develop Multiple Income Streams For some of our readers, the thought of multiple income streams…

Read More →

Here’s How Your 401(k) Plan Will Help You in Retirement

Dollar-cost averaging Second-guessing your investments is a pretty normal reaction. There’s always going to be…

Read More →
An older couple in casual clothes sitting at a wooden kitchen table, looking at a tablet together in warm natural light.

Here’s What the Average Social Security Check Is in August (How Do You Compare?)

Discover the average Social Security check for August 2026, compare your retirement benefits, and learn…

Read More →
An older man at a wooden kitchen table reviews a long pharmacy receipt next to a prescription bottle in warm morning light.

8 Signs Your Medicare Plan’s Drug Formulary Has Changed

Discover the 8 critical signs your Medicare drug formulary has changed, how to spot unexpected…

Read More →
A senior couple smiling while looking at a tablet in a bright, modern kitchen.

5 Crucial Medicare Changes Coming Soon

Discover the 5 crucial Medicare changes coming soon, from negotiated drug prices and out-of-pocket caps…

Read More →

10 Retirement Benefits You Should Claim Now

Roth IRA – Having a Roth IRA is good because you can prepay tax on your…

Read More →
Retired in America

Your Guide to a Confident Retirement

Inedit Agency S.R.L.
Bucharest, Romania

contact@retiredinamerica.com

Trust & Legal

About Us

Editorial Policy

Advertiser Disclosure

Frequently Asked Questions

Contact Us

Disclaimer

Terms and Conditions

Privacy Policy

Subscribe

Unsubscribe

Categories

  • Personal finance
  • Retirement Life
  • Saving & Spending

© 2026 Retired in America. All rights reserved.