The kids moved out years ago, you’re tired of shoveling snow, mowing lawns and you rarely use half of the rooms in your house. Why not downsize. You won’t be alone. Of the retirees who move, many do so for a smaller house, condo or apartment. One of the chief reasons is cost cutting. For many baby boomers the value of their home equity far exceeds their retirement savings. It’s where their wealth is.