Shrinking your living quarters typically saves money. But the benefits — and costs — of downsizing vary widely across the US.

Experts said the real answer comes down to a blend of income stability, realistic planning and understanding the long-term ...

Many empty nesters want the next home to focus on some luxury items they may have bypassed in the first home when priorities ...

In some cities, trading down can save hundreds of thousands of dollars. But in others, it could actually cost you money.

While many older homeowners often entertain the idea of downsizing into a smaller home to better accommodate natural changes to mobility in later life, this doesn’t mean the decision is an easy one ...

People often downsize during or in preparation of their retirement years. The goal could be to save money on property taxes, home maintenance, travel, luxury, hobbies and plenty of other expenses. Or ...

Downsizing can feel like a fresh start, but it can also be a bit like trying to solve a Rubik’s Cube blindfolded. You know ...

When a small business has more employees than it requires, managers may decide to downsize the organization. This can be the result of increased efficiency or reduction in demand. While downsizing ...

Small-business owners use business plans to anticipate company growth and economic changes in the industry. When the time comes to cut back on costs due to a drop in revenue, company management has ...

As more Minnesota baby boomers age, they’re increasingly confronting the downsizing dilemma as younger generations refuse to ...