Four signs its time to Downsize

Friday Jun 25th, 2021

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 Four signs its time to Downsize

 

 

1. You're spending 80% of your time in only 20% of your house. But paying for 100%!

Are you an empty-nester with more house than you need (or want)? If you are like most "Sterling Generation" homeowners, you have an extra 2.2 bedrooms, a finished basement, and a formal dining room that are rarely if ever used. Why pay the taxes and utilities to keep a house that no longer meets your long-term needs?

 

2. Maintenance is becoming a burden. You'd like the freedom to pursue activities other than taking care of a house.

If you're at the stage where you have to hire out exterior maintenance, like snow shoveling and grass cutting, as well as interior maintenance, like cleaning and painting, it might be time to downsize. There are many maintenance-free options available to purchase or rent. Speak to us today about ready-made solutions for a carefree retirement.

 

3. You're finding the stairs increasingly difficult to navigate.

Whether condo apartments, bungalows, or one-level townhouses, you do not have to live with the challenge and potential danger of stairs. Finding appropriate long-term age-in-place properties can also include fully accessible features like wider doorways, grab bars, low-pile carpeting, and ground floor units that do not require elevator use. Your safety and peace of mind are top priorities!

 

4. Owning a big home doesn't fit your goals or lifestyle.

Bills, maintenance, upgrades -- all cost time and money, and effort. If your home is becoming more of a burden than a blessing, it might be a sign that it's time to downsize. You've earned the freedom to travel, pursue hobbies, and invest in relationships, all of which can be hindered by owning a home that no longer suits your current (or future) needs and wants.

 


 

For more information on deciding whether to downsize, download our “Get Ready to Downsize.” Filled with helpful questionnaires, downsizing resources, and a personal action plan, this handy booklet will get you started on the road to the retirement you deserve!

 

Get your FREE Get Ready to Downsize Workbook

 

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