Downsizing from your large, long-held family home is a popular concept for retirees, but may not always be the best choice.  Even though smaller homes are less costly & easier to maintain, giving up your family’s major meeting venue may not be the best choice.  This week we respond to a listener question on whether downsizing might be right for them, and cover Nvidia’s recent earnings call and an article about the prevalence of gift card scams.

Highlights

[05.30] Market Update – News on Nvidia earnings.

[11.24] Article of the Week – This week’s article on gift card fraud.

[15.40] Downsizing – Grant explains the reasons why people choose to downsize.

[20.00] Not for everybody – Grant explains why downsizing doesn’t suit everybody.

[23.36] Advice – What to consider before downsizing.

Resources

Why gift card fraud slips through the cracks of America’s banking regulation system

https://theconversation.com/why-gift-cards-fall-into-a-gap-in-the-2-tier-banking-regulation-system-and-a-brief-history-of-why-that-gap-exists-236478

Dow Jones Futures Rise; Nvidia Pares Earnings Losses, Salesforce Jumps

investors.com/market-trend/stock-market-today/dow-jones-futures-nvidia-earnings-guidance-salesforce-crowdstrike/

Outlive: The Science and Art of Longevity

By Peter Attia

amazon.com/Outlive-Longevity-Peter-Attia-MD/dp/0593236599

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Grant Bledsoe Financial Planner to Business Owners

I'm a financial planner to business owners, and the founder of Three Oaks Wealth. Our firm helps business owners align their business interests with their personal finances, often including the exit or sale of equity holdings.

I hold several professional credentials, including the CERTIFIED FINANCIAL PLANNER™, Chartered Financial Analyst, and Certified Exit Planning Advisor designations.