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Downsizing is generally a sound move to make with the aim of improving one’s quality of life. But no doubt, it’s especially beneficial for retirees who want to adjust their income and workload. There’s little question that downsizing, perhaps to assisted living, can be a logical next step, so let’s explore what’s involved in this short guide.
- Reasons to Move: The lack of a paycheck post-retirement forces one to live on a fixed income, which can be quite a stretch, especially in some locations. On top of that, a large home can be a burden in many ways. (1 additional resource below.)
- Closing the Old Chapter: Downsizing starts with the question of what you’re going to do with your current home, deciding where to live, and finding a Realtor from Brickellmania LLC to work with. (2 additional resources below.)
- Starting a New Life: From achieving affordability to a safe and comfortable place to live, there is a lot to think about. Seniors will find that a condo checks all the boxes and are often surprised that they could qualify for a mortgage, which can help put their finances in a good place. (2 additional resources below.)
- Consider Assisted Living: While many seniors can age in place, for some, that isn’t the most desirable solution. Called ADLs and IADLS, the activities of daily living are critical to well-being but can be hurdles for seniors living alone. For those who still value their independence but need a little assistance with concerns like dressing, bathing, or administering medications, assisted living can be a dream come true. (2 additional resources below.)
- Making the Transition: Before long, it’ll be time to make your move. There is a lot of planning and preparation to accomplish, as well as finding a trustworthy moving service. (2 additional resources below.)
Downsizing is a big change. These additional resources can help you through it:
Reasons to Move:
Closing the Old Chapter:
- 6 Signs You Should Sell Your Home, According to Experts
- 3D Virtual Tours: The New Standard for Real Estate Sales Everywhere
Starting a New Life:
Considering Assisted Living:
Making the Transition:
Indeed, downsizing sounds like a lot of work and effort. But the truth is, it’s work, effort, and even expense well-spent as you get the fresh start that you deserve. Life is too short to spend it being unsafe and uncomfortable, so don’t settle for less than a high-quality life.