• Question
  • Should I stay in my home?

    Asked by a 91 year old from Los Angeles, CA on 5/23/2012

    Is it wise to stay in my own home? #3 grandchildren moving in,freeroom and board for them.

  • Categories: Your Life in Retirement, Relationships, Housing


  • NewRetirement User

    73 year old from Kent, WA

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  • We have some good content on the pros & cons of downsizing here: http://www.newretirement.com/Services/Relocation.aspx

    Regarding what is best for you vs. your extended family that is a very personal decision which also has an impact on your finances. You may want to talk to a financial advisor about this - if so we can put you in touch with one.

    You can see some options here: http://www.newretirement.com/financial-advisor-marketplace.aspx

    Hopefully this is helpful.

  • Login to rate this answer:   Answered on 5/23/2012
**All above answers are provided as general information only. No warranty is made regarding the fitness or accuracy of the information provided in this answer. You should seek advice from a licensed CPA, attorney or CERTIFIED FINANCIAL PLANNER™ as to your unique financial situation.