I can relate, at some point in our lives, we will need to pair down. I have no children so no heirs to hand down to. But as of right now, I do enjoy my bags, they give me energy to wake up in the morning and get a bag and look at them. It feeds my soul. Both my parents are gone so my joy is my bags now. Eventually, I will need to de clutter and get rid some of the bags. I will keep the Chanel classics and some LV forever in my collection and probably place in my will to donate to charity. For now, just enjoying my bags. I would look at my bags and they just make my heart sings.
I'm in the same boat as @CPA, as I also don't have kids. So I gotta enjoy all my bags now while I can before I'm getting really old. When I become really old, I will sell all of my lovely luxury purses.