downsize

She and her husband were forced to sell their house in Apopka, Florida, and downsize to a small condo — a move that took place when she was too weak to pack a box.

Corporate decisions to downsize can also increase stock prices.

After downsizing, her fuel and travel costs soared.

I wondered what was left for them to downsize.

However, it does also raise the prospect of some people having to work longer until a mortgage is paid off, or they may choose to downsize.