3 Reasons to Stay in Your Home Through Retirement

Retirement is a time of great change, and many people aren't fully prepared for it. Indeed, when you stop working, your daily routine changes in ways you may not expect. Adding a massive thing like selling your home and moving to a new location, such as sunny Florida or Arizona, could add even more stress to an already complicated life transition. Here are three big-picture reasons why you may want to delay such a move. One of the biggest reasons to move in retirement is to downsize. It is highly likely that the space you needed to raise a family is no longer being fully utilized. So, in many ways, it makes financial sense to move into a smaller home. And moving to a region with more attractive tax dynamics, such as Florida, which doesn't have a state income tax, could leave you with more spending power. Image source: Getty Images.

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