If you have just retired or retirement is on your radar, you may also be thinking about the next stage of your life. One common path for many retirees is downsizing to a smaller home.
You may have become an empty nester, you are tired of dusting and cleaning all those rooms and it’s time for a change of pace.
If downsizing to a smaller home is one of your goals for the near future, check out all the positive aspects of moving to a more manageable home.
Achieving more financial freedom by downsizing
Downsizing to a smaller home gives you the opportunity to manage life’s expenses. If you are carrying a mortgage, or renting, your monthly payments could be reduced, you may be able to decrease your utility costs as well as costs associated with the upkeep of a home such as landscaping.
Ease of maintenance to a smaller home
If you’re downsizing to a smaller home, the time spent keeping up your home including maintenance and repairs can be greatly reduced. Guess what? When you’re not repairing your home you have more time for hobbies, traveling or just spending time with your family.
More accessible living arrangements
If you’re downsizing, you may want to consider a single level home to plan for the future. Challenges with mobility can arise as we get older. It’s an important step to plan for the years ahead when choosing a new home for retirement age.
Simplifying life by downsizing
When you move to a smaller home it will encourage you to be more of a minimalist. You will need to declutter and prioritize what you take with you to your new home. While there may be some tough decisions, it may feel better in the long run by having less in the house.
Choosing a more desirable location
When you consider downsizing, you have the opportunity to move to a location of your choosing. You have a lot to think about including moving closer to friends and family, recreational amenities and a more desirable climate.
Is downsizing in your future? Contact the Humboldt team today!