4 Reasons You May Want to Sell Your Home After You Retire

If you are still making a monthly mortgage payment on your current home, that would mean you'd need more retirement income to cover your housing costs. If you can afford to sell your current home for enough money to pay off your loan and purchase a smaller, mortgage-free property, that added flexibility that can come from this move could potentially make your retirement a lot more enjoyable. If you had to live in an expensive location as a result of your job, then retirement could present a golden opportunity to move to an affordable area with a low cost of living.