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Thinking about downsizing beforeretirement?
Not so fast, Gen Xers.Here are some assets worth keeping, even when that decluttering urge kicks in.
Reliable Vehicles
That paid-off car you know inside and out?
New car prices are soaring and modern vehicles come with expensive tech thats costly to repair.
A well-maintained older car could save you thousands in retirement.
Quality Furniture
Those solid wood pieces youve had for years?
Theyre probably better made than anything youd buy new.
Good furniture holds value and replacing it often costs more than keeping it especially with todays prices.
Investment Properties
If youve got rental properties generating steady income, think twice before selling.
They can providereliable monthly cash flowduring retirement, plus a hedge against inflation.
Just consider hiring a property manager if maintenance becomes too much.
Family Heirlooms
Beyond sentimental value, many antiques and collectibles appreciate over time.
Before selling anything substantial, talk to a financial advisor about how it fits into your retirement income strategy.
Sometimes what seems like quick cash now could mean missing out on valuable long-term benefits.
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