Downsize in retirement?

Retirement: News from the web:

One of the question for many retirees is if they will downsize or if they will hang on to the family home to continue to be able to house all kids with their families. Difficult question. You don’t want to pay property tax and utilities for a castle for just the two of you all year when the whole family will only gather for 6 days per year. You also don’t want to end up having to say no to kids who want to come celebrate the holidays with you or having to rent a place. Good food for thought. Financial implications sometimes help making a decision.

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