Over the years, many people who go on retirement would downsize their large family homes and move into something smaller hoping to use the funds they would've raised from selling the house. But today that does not seem like a reality anymore as life keeps getting expensive.
Grant Smee, CEO of Only Realty Property Group argues that retirees face an additional challenge: the home they planned to sell may be worth less than the smaller, more secure retirement property they now need. He spoke to Thami Ngubeni explaining what he means and also what questions those who retire should ask well before they retire.

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