Saving time and money are two of the biggest benefits and reasons people choose to downsize after retiring.
Not only is owning or renting a smaller home more affordable, it cuts down on other expenses like property tax, utility payments and home or renters insurance. Plus, you can also likely make some additional income if you choose to sell unwanted belongings and furniture when downsizing. And when it comes to saving time, smaller living means less upkeep with yard maintenance and daily chores.
Even though downsizing can be beneficial for seniors, getting rid of personal belongings and moving from their homes can be difficult and emotional with overwhelming logistics.
Mike Flahaven, a Certified Senior Housing Professional and Real Estate Consultant for Keller Williams Realty, specializes in working with seniors when it comes to downsizing. Flahaven understands the emotional toll that comes with downsizing, as well as the financial and logistical challenges seniors face throughout the transition.
Are you planning to downsize in the near future? Here are a few tips from Flahaven that will help to alleviate some of the potential issues many seniors may face during this life event.
Create a plan that fits for you
Before diving headfirst into the process of moving, do some research to find appealing home options that fit your financial situation, location relative to family and friends, and interests. Take your time during this step and come up with several options to consider.
Communication is key
From beginning to end, keep your family and friends in the loop. This transition can be an emotional change, and it will likely affect those close to you, too. Friends and family may even want to be involved to help out during the process.
Don’t plan a DIY downsize
No matter your age, trying to juggle and handle a move alone can be tiring and overwhelming. Consultants, like Flahaven, typically work alongside qualified vendors, such as moving companies, who can help with the move process to make it as simple and seamless as possible for you.
Plan to purge
This can be one of the most emotional and difficult steps of downsizing. Focus on the items you will need for your new home and let professionals take care of the rest.
Celebrate the next chapter of your life
You’ve made it to your new home—congrats! From getting rid of belongings to actually moving, it’s likely been a stressful time for you. Take in every emotion you may be feeling and reward yourself. Celebrate with friends, family and maybe even your new neighbors.
If you or a loved one is in the process of downsizing and looking to move, give Hilldrup Mayflower a call. Leave the heavy lifting for us while you spend time settling into your new home.