On the FenceDownsize or stay? The financial and emotional process of selling the family home
There will be 5 million boomers in retirement by 2029, and 2 million will be at an age (between 75 and 84) where downsizing is a very real consideration. But where will all these downsizers go? There currently isn't sufficient stock of appropriate housing on offer and often the sheer enormity of packing up the large family home is resulting in many people leaving the decision until it's too late.In this episode of On The Fence, we talk to a downsizer and a psychological expert to address the emotional challenges of moving home, as well as financial planners and policy advocates to understand the wealth implications.Host: Adam CreightonGuestsGabrielle McDonnellMegan Soloman - General Manager – Practice, Quality and Innovation at Relationships Australia NSWIan Yates - CEO Council of the AgeingHeidi Schwegler - AHS Financial
