Stephen Ladyman: Retirement conversations - consider the cost benefits

Impact of downsizing

clock • 5 min read

In the first of a new series suggesting ways advisers can breach some often sensitive subjects associated with retirement, Stephen Ladyman considers the potential cost benefits associated with 'age appropriate housing'

Most people think about retirement over the course of their careers but we know that many fail properly to prepare themselves for the changes to come, including the financial impact of leaving work and maintaining their desired lifestyle. In a recent study by the charity Centre for Ageing Better, 20% of people who retired in the last five years admitted to having a number of concerns, including money worries, while almost half of those surveyed said they would appreciate financial advice. But finance is only part of the picture. What about housing? To downsize or not to downsize? Is equi...

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