Posts Tagged “Downsizing to a smaller space”
One of the most common dilemmas faced by retirees is when should I downsize and move to a new place? It’s never easy to decide when to leave the family home you have lived in for decades. I have clients that have been in the family for over 60 years. Here are 5 points to…
As you get older, you may realize that surrounding yourself with a lifetime of memories has a cost to you. Your home may be so cluttered that downsizing to a smaller house, senior apartment, or assisted living facility is an overwhelming project. Even if you want to stay in your current home, you may need…
When you are retired and have less income to meet emergencies, take vacations, or handle a big-ticket repair, keep in mind that you have a ready source of cash at hand: your house. Your home is likely the largest financial asset you have. You can put your home equity to work for you. You may…
So, you’re a senior looking for a new housing option. The old family home is just too big, or needs too many repairs for you to plan on living there for the long run. You occasionally need a little help, but are basically in good health. You want to be near your kids, but want…
For some people, moving from the family home is something to do only when you can no longer manage where you are. There is a certain amount of nostalgia built around staying in the Halifax home where you raised your kids, and where you created many of the most important memories of your life. Even…
Whether you’re a Boomer looking ahead to retirement or a 20- or 30- something who is refocusing your life, downsizing your possessions is part of the deal. Do the math. “Big house” equals lots of room to store everything you use now, used the past, and may use in the future. “Smaller house “means room…