My father has a second house near Phoenix. He can walk to the football stadium. It's not listed, but he's still getting two calls per day to sell at some very high prices. He was really tempted to sell but my brother I think correctly reminded him that since he's set money-wise, what's the point of selling? Unless there's a plan to actually do something with the money to better enjoy retirement, then there's no value to just having more money. My father is a good example of what consistent savings can do for a person. Never made more than $40k/year and the mother only occasionally worked. But the father saved 20-30% of every paycheck and was blessed to only be out of work for six months of his entire career. It meant stretching every penny, certainly. We never went out to eat, etc. But now someone who never made much money never has to ask himself if he can afford anything anymore. If either of them end up needing long-term assisted living we'll actually be able to pay for it. The power of compounding interest is pretty much undefeated.