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Good luck op I think downsizing us a great idea. It gives you chance to reassess what you want going forward.
As adult kids we always kept 'telling' our parents not to get rid of the family home! Made them feel super guilty ☺️. But they did what was right for them which is the way to go as children change their plans all the time. It's an exciting time for you and children want you to be happy even if they think it's all about them 🤣. You will still have room to host x