For many homeowners, financing their retirement will require accessing the equity in their single largest asset - which means selling their house. In addition to the financial considerations, aging in place also has important physical and social challenges.

In this episode, Mark connects with Michael Shuster a senior’s real estate specialist. They discuss the antiquated stigma that has traditionally been associated with retirement homes, important considerations to take into account when making the decision to down-size, the biggest challenges that seniors face when going through this process, and how their adult children (or grandchildren) can help them overcome these.

Lastly, Michael shares his top tips for maximizing the value of your home so that you can be in the best financial position to afford your ideal retirement lifestyle.

For additional resources, check out our blog post “Helping Seniors Downsize”.