There’s no right or wrong answer when it comes to whether or not to downsize to a smaller home in retirement. Each person’s situation is unique, and each person must weigh the pros and cons of their own situation. 🏡
If you have concluded that selling the big family home and downsizing is the right path for you, then here are some perks you can look forward to!
👉 Travel
The affordability and lower maintenance of smaller living may free up money for you to travel or be more spontaneous about trips and visits.
👉 Organization
Being forced to edit your belongings is hard work, but when your home contains only the things you love and all of them have their place, you’ll know it was worth the effort. (See Marie Kondo for inspiration on how to get started!)
👉 Time
With less space to clean, maintain and keep organized, you’ll free up so much time and be able to spend it with the people you love.
👉 Drive Less
Maybe it’s time to get out of the suburbs or countryside where you had your family home, and start living it up downtown or in the heart of a community! You’ll be able to walk or bike wherever you need to go!
👉 Lifestyle Flexibility
There are so many options: downtown for ease of mobility, close to nature for a meditative lifestyle, or why not try moving south for the winter! Selling your family home means you’ve got a blank slate to start dreaming on.
Downsizing in retirement is about making choices that reduce stress and increase joy!
Which one of these five would be YOUR favourite perk? Leave it in the comments!