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Sumiko at 61: A fresh start at 72 - why a retiree swopped her condo for a 4-room flat
Right-sizing in retirement can be emotionally fraught. Here’s how to plan it properly.
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Before right-sizing, property experts suggest thinking through factors such as whether the proceeds will be enough and if the new location is one that you genuinely like.
ST ILLUSTRATION: MANNY FRANCISCO
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One evening, shortly after moving into her 33rd-storey flat in Toa Payoh and dealing with the stress of renovations, retiree C.C. Hsu stood by her bedroom window and looked out.
“The sky, the scenery, it was so peaceful,” she recalls. “I could see far into the distance. I thought to myself, ‘The world is beautiful. Life is beautiful.’ I was filled with hope. I felt that what I’d done was worth it.”
