Source: Herald Tribune —
Over the past six months, we’ve written several times about seniors and housing issues. We’ve received more questions and comments about older homeowners and the particular struggles they and their families are facing.
Here’s a comment we recently received about the costs of moving. We encourage our readers to keep writing, and we’ll publish additional questions and answers about how seniors might want to think about their “final homes,” whether they buy, rent, live with family or move into congregate care, and the best ways to leave assets to their heirs.
Reader comment: Your advice to the homeowners who are in their 80s that are debating whether to sell their home and move to a rental or just stay was spot-on until you said it might cost them $5,000 for moving. I don’t know where you are or where they are, but in New York City a simple move would easily cost $10,000 to $20,000 for a small apartment to apartment move.