The Pros and Cons of Moving in Retirement Pros moving to a smaller home for empty nesters can reduce time spent with home maintenance move closer to children and grandchildren who have moved away move to a neighborhood with lower property taxes possibly live closer to hobbies and interests can be used to set up a long term housing plan before mobility is reduced Cons lose connections with community ties family and friends lose familiarity and stability with current community lose memories and good feelings about long standing residence if home is owned pride of ownership and not having that debt to worry about current residence can be renovated to make living there easier as mobility declines could be less expensive to removate than by a new home Post Views: 2,716