Downsizing is a common retirement move. At a later stage of life, your kids are likely grown and out of the house, so you need less space than you once did. Or perhaps you just don't want to deal with the upkeep of a larger home. There is also the reality of a fixed income in retirement to contend with — and housing is usually one of the biggest line items in any budget.

Given all of these factors, it may seem like downsizing for your golden years is a no-brainer. But while it is certainly a move that "makes sense for some people, it's not a given that it will work for you," said Kiplinger . This is why it is worthwhile to "consider the benefits of staying in your home before rushing to put it on the market."

What are the benefits of downsizing in retirement?

Perhaps the most obviou

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