With 2018 on the horizon, many seniors will begin considering their options for downsizing to a smaller home or senior living community. Although a practical choice for most aging adults, the decision to downsize can be an emotional experience.
So how do you know when the time is right? Shelley Goering, Community Relations Consultant at The Kenwood by Senior Star, shared four signs that downsizing may be right for you:
- You recently retired: Whether you plan to travel the world, pursue new hobbies or spend more time with family and friends, there’s plenty to look forward to in retirement. As you reach this exciting milestone, take some time to evaluate your home expenses. Downsizing will likely eliminate major costs and help you stretch out your hard-earned retirement savings.
- Upkeep feels exhausting: As many can attest, owning a home comes with a lot of work. If cleaning, yard work and common maintenance tasks begin to feel daunting, it may be time to downsize to a community that offers a maintenance-free, hassle-free lifestyle.
- Your spacious home feels lonely: Many empty nesters find their spacious homes can begin to feel lonely, even if they don’t live alone. If you find yourself craving more social interaction, consider the benefits of moving to an active senior living community, like The Bluffs at The Kenwood.
- You have one or more unused rooms: Empty rooms in your house do more than collect dust. They also rack up expenses in maintenance and energy bills that impact your budget. If you’re not taking advantage of all the rooms in your home, it may be time to downsize to a cozier, more budget-friendly space.
Interested in learning more about downsizing? Contact our team today.