Moving into a smaller home isn't as much of a sacrifice as you think. You're scaling back on physical square footage, but you'll save big in other areas. An 800-square-foot house might sound ...

We have a nice house in a nice neighborhood, with a nice car. We have nice things and go on nice trips. The greatest thing about being an empty nester in your 40s is that we're not even retired ...

While more seniors choose to age in place by staying in their existing homes, many are still making traditional moves to downsize to smaller homes or senior living communities.