Well I do have 3-4 sets of dishes, plus one set I just boxed up to donate. No caviar servers, though. We live in a small, 99 year old house with limited closets, so it was easier to say NO to new items.Good for you losing ten pounds!
If it helps I sent a bunch bag of St John to consignment and did well on it.
My kitchen is a big problem. We are fortunate to have a lot of space including two islands with storage, a butlers pantry, an extra bank of cabinets plus the storage in the formal dining room.
I used to entertain more when I had more time so I have accumulated at least 3-4 sets of dishes, crystal, silver serveware. I think I have three caviar servers. Plus I like to bake so I have a lot of baking supplies. And three ovens that rarely get used at the moment.
I have read the same article about baby boomers not wanting their parents things. Dear MIL gifted me a lot of stuff and I didn't want to hurt her feelings by declining. The more space you have the more you fill or the more other people want to fill it up for you.
I also find it hard to get rid of items that people have given me. What if they ask to see it? What if they ask for it back( MIL has done this in the past!) ?