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EP16 -How Downsizing Can Benefit Your Retirement?
Manage episode 458064280 series 3624899
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A comprehensive guide to downsizing a home for retirement. It details the financial benefits, including unlocking equity and reducing expenses, and practical steps involved in selling a property, such as decluttering, making repairs, and hiring a real estate agent. The guide also addresses tax implications and planning for the sale proceeds, advising readers to consider their financial goals and potentially seek professional advice. Finally, it highlights the lifestyle advantages of downsizing, such as reduced maintenance, increased free time, and greater location flexibility.
https://www.houseinbrampton.ca/communities/bank-estate-sale-properties/
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