After retiring, ideally, you have many years ahead for relaxation and enjoyment. However, having a house filled with unused items is anything but relaxing. Retirement presents an opportune moment to declutter and determine what no longer serves a purpose.

Whether you seek additional space or funds, hereโ€™s a list of items that are perfectly acceptable to part ways with during retirement.

Your home

If financial security is a concern in retirement, your home likely represents your most valuable asset. Selling it can offer a significant buffer if your savings are lacking.

While selling your home is a major decision often fraught with emotions, it can yield substantial benefits. Downsizing from a $250,000 home to a $150,000 one, for instance, could save you over $6,000 annually.

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