Frank and Sara, 63 and 62 respectively, are considering retiring next year. They have three children that are now independent and starting families of their own. Frank works for a local utility company and Sara would like to quit her career as a scientist to launch her own art studio. Their primary goals are to ensure that their assets and entitlements are enough to fund a long retirement. Part of this is to determine whether or not to keep Frank’s pension and when to file for social security. Furthermore, they would like to explore the idea of downsizing their home. Finally, they would like to leave a legacy for their children.