Rightsizing, vs downsizing, is focused on what your needs are right now and the near future. The term downsizing can have a negative connotation when it really is just about rightsizing and being thoughtful of what your new needs and lifestyle are. Perhaps your home is feeling too big, maybe the kids are gone, you are newly single, or an unexpected good fortune came
your way and would like to shift things. Whatever the reason, making the right change to suit your situation can be quite liberating. Rightsizing might also include a larger home outside a village where taxes and the costs are less. Or maybe family members are moving in with you. The point is that rightsizing is all about doing what is right for you in that time period of your life.