Downsizing to Fund Retirement? Here's What They Don't Tell You

Could selling your home to fund retirement actually leave you worse off?Most people assume downsizing is straightforward — sell the big house, buy somewhere smaller, pocket the difference. But when you run the numbers, about £20,000 vanishes in stamp duty, fees, and costs before you've even moved in. And what's left? Roughly £13 a day.In this episode, I break down the real transaction costs of downsizing, why a third of over-55s change their mind, the regional equity gaps most people never check, and the alternatives — like the Rent a Room scheme — that could give you the same income without selling at all.With over 25 years advising individuals and major organisations on pensions and retirement strategy, I've seen how downsizing plays out when the numbers hit reality.Watch this episode in full on our YouTube channel: https://www.youtube.com/@retirementandmoney