How to Downsize When You Retire

downsize when you retire

More and more people are retiring or preparing for retirement as the population ages. As we start out in life, we purchase a small starter home and increase in size as our family grows. Most of us stay in this larger family home after the kids are gone to hold the family gatherings. Or maybe even to keep the space available for the returning kids.

It’s difficult to let go of the home that you have lived in for many years. There are many memories there too but at some time we need to downsize into a more manageable space. If you’re about to retire and are thinking about downsizing your home here are some tips to help you.

Define the reasons for downsizing

There are a variety of reasons why people want to downsize when they retire. You can free up cash or reduce mortgage payments allowing you to do the things you want to do in your retirement years. Maybe the stairs at home have become a bit of a challenge and you need to move into a bungalow or maybe you just want to move closer to the kids and the grandkids.

Let go of the clutter

After living in your home all those years, you’ve surely accumulated a lot of items. downsize when you retireThere’s furniture and decorations to consider. Will all these fit into your new space? The sentimental items are the hardest to go through and decide what to keep. Emotions can sometimes take over and stop you from making the tough decisions. That is where a professional organizer like ClutterBGone can help. We are non-judgemental and don’t have the emotional attachment that you do.

How much space do you need?

When downsizing be realistic about the space you need. Do you need the four bedrooms, 3-bathroom home that you currently have? Do you need the two-car garage? Will you be hosting the family dinners that you use to? Will you be having company over as often? In most cases we have seen clients reduce the footprint of their kitchen and dining rooms drastically.

What will you do with the items not coming with you?

Now that you’ve made the decisions on what comes with you and what doesn’t, what will you do with the items you no longer require?downsize when you retire It’s an easy decision for the items that you’ve been storing for the kids. Call them up and have them pick it up. For the rest, determine what will be sold, what will be donated and what will be thrown out. Again, this is something that’s a lot easier with a professional.

So, if you’ve made the decision to downsize when you retire, follow these tips to make the transition go smoother. And, if you need the assistance of a professional, ClutterBGone has helped many others in the same situation that you are about to find yourself in. Contact us here to find out more.

 

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