Downsizing, Old Policies & Portfolio Options

There are many misconceptions that surround the idea of downsizing your house in retirement. Many people think that they will be able to make a huge profit if they downsize, but that is not always the case. We will guide you through some other considerations to keep in mind before you make the big sale. We also discuss reevaluating an old life insurance policy, how much company stock you should invest in, and deciding whether to move your money into cash, or to keep investing.

 

Show Notes

 

2:45- Should you look to downsize when you retire?

5:15- The issues with downsizing and the importance of understanding the real estate market.

7:40- What you need to consider before making the move.

8:30- Matt breaks down what needs to be taken care of in order to have an early retirement. 

13:25- What to do with old policies and how to use the asset properly.

15:22 Matt answers a listeners question on how much company stock should you hold in your portfolio.

18:45- Matt explains deciding on moving to cash or continuing to invest is a question that has many factors for the individual to consider.