For many seniors, a family home isn’t just a house—it’s the foundation of a lifetime filled with cherished memories. You may have raised your children there, marked milestones, and never imagined leaving. Yet, rising property taxes, insurance rates, and the cost of upkeep can turn what once felt manageable into an overwhelming responsibility. The reality is, very few plan for how sharply homeownership expenses can rise, especially when living on a fixed income. Many older adults now find themselves weighing the benefits of “right-sizing” their lifestyle—not just for comfort, but for financial peace of mind.*
