Posted: January 6, 2023
Many older adults will consider downsizing from their current home and moving to a smaller space for retirement. There are plenty of reasons for this decision. Many older adults are empty-nesters whose kids have grown and moved away, so they find they no longer need the space of their current home. Some older adults look forward to simplifying their lives and letting go of the maintenance that goes along with homeownership. Others decide that moving to a smaller place will help them meet their financial goals.
Whether you’re planning to downsize or are still undecided, this article can guide you through the process. We’ll cover tips for preparing to downsize as well as staying positive through what can be a challenging and bittersweet time.
It’s never too early to start paring down your possessions, even if you’re not sure you’re ready to downsize. This can be overwhelming, so start sooner rather than later to avoid burnout. Here are some additional tips to make preparation easier:
This excellent resource from The Steller Group and A Move Handled with Care offers a valuable timeline for planning a move, strategies for decluttering, and insight on how to determine resale value of items you choose to part with. Browse their professional downsizing recommendations.
While change can be challenging and downsizing for retirement can be filled with emotions, there are many ways in which this process can be enjoyable. Take your time as you declutter so you can go through your treasures and reflect on the memories associated with these items. Consider how your life will be better with the upcoming changes and who may benefit from receiving items you decide to part with.
Don’t be afraid to ask for help, whether it’s from a professional moving manager or family members. Going through belongings with friends and family can be an enjoyable process that creates new memories.
For older adults, there are many factors to consider when contemplating the decision to move or downsize. But there are a few basic questions you can ask yourself.
You can also take a look at this assessment Is it the Right Time to Downsize? to help aid in your decision.
Though downsizing may seem overwhelming, these tips can make the process more manageable and less stressful, allowing you to enjoy and look forward to your next chapter. After all, spending less time and energy on home maintenance, yardwork, shoveling snow, or organizing clutter provides new opportunities to pursue hobbies, spend time with family and friends, enjoy the outdoors, or relax with a good book.