Meet Baby Boomer Homeowners Who Can’t Afford to Downsize in Retirement

“Kim Cayes is one of those boomers who feel stuck. The 67-year-old always banked on selling her four-bedroom house in Parsippany, New Jersey, to help support herself in retirement…

‘Thinking I’m going to spend the final years of my life in a worse situation than I’ve ever been in — that’s just so depressing,’ Cayes said.’Especially when my friends are all traveling around the world with their spouses and constantly posting on Facebook which countries they’re in.’“