Top 7 Reasons Seniors Downsize
Like many things in life, there are no courses or manuals for making some of its most important decisions. Whether they’re emotional or financially driven, or a combination of both, sometimes you just have to go with your gut. And while there’s no easy answer, recognizing your motivations for downsizing can help you make the final decision on whether it’s time to stay or go.
Financial stability: Are you retired or experiencing financial hardships? Have your monthly expenses increased over the years due to the escalation in the cost of living? If so, this may be an opportune time to downsize, especially If you’re feeling a financial crunch. Selling your home for a smaller, lesser expensive place can help you to save money, reduce your monthly expenses, and possibly increase your disposable income.
Home equity: If you’ve owned your home for several years, there’s likely a lot of equity, particularly with the rise in home prices over the past few years. This may be a great reason to sell as you can use the proceeds from the sale to downsize and have some cash left over to add to your nest egg.
Homeownership: Are you tired of being a homeowner and no longer want the responsibilities of the upkeep or ongoing expense? Whether it’s due to financial, physical, or other circumstances, it may be a good time to discuss selling and explore rental options or consider a Senior Living Community.
Home upkeep: Having less maintenance is often the key reason for downsizing. Not only can it be costly, but it can also be dangerous. For example, if you’re older and have to climb on your roof to clean the gutters, you may be putting yourself at risk of a serious fall. If you’re beginning to feel overwhelmed with your home’s upkeep, it may be a good time to consider a downsizing move.
Life changes: Unexpected major life-changing events, such as divorce or the death of a spouse or partner or an illnes or injury, may require you to make some changes, both in your financial life and your lifestyle. They may even be the catalyst for making your final decision to downsize.
Lifestyle: Have you aged out of your neighborhood? Are you an empty nester and your home now feels lonely or too big for you? If so, it may be time to consider downsizing to a smaller home and into a community that makes sense for you. There are many options in the Phoenix and Sun City area for Active Adult Communities and Senior Communities that match your financial and lifestyle needs with other like-minded people.
Proximity to family: Your adult children and grandchildren may not live close to you anymore and chances are you want to be in closer proximity to them. Whether you’re retired or still in the workforce and able to work remotely, it may be the right time to sell and downsize.
If you’ve decided to begin the downsizing process, be thorough in your research—the options are endless. Whether your motivations have to do with a lifestyle change, lower cost of living, or health challenges, be sure to contact Arizona Senior Moving to assist you in your downsizing adventure “Home upkeep: Having less maintenance is often the key reason for downsizing.” “Life changes: Unexpected major life-changing events, such as divorce or the death of a spouse or partner, may require you to make some changes, both in your financial life and your lifestyle.” .
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Why Use A Senior Moving Company?
Just the thought of moving or downsizing can bring on feelings of being overwhelmed for all of us. For seniors or the adult child of seniors, the challenges can feel even greater. All the decisions on what belongings to keep, what might go to other family members or be donated, what furniture and other belongings will fit in my new home? All these questions and many more can be a heavy weight leaving us with not knowing where to start.
Many adult children of seniors are busy with their own lives and careers or living far away in another state, so that even though they would like to help their parents with the downsizing or rightsizing process, they are unable to. Where can families or seniors turn to for help that will provide compassionate respect for sorting through years of memories while still moving through the needed steps in an efficient manner that still gets the job done respectfully?
The answer: A SENIOR MOVING COMPANY
Fortunately, a Senior Moving Company can provide tremendous assistance and objectivity for seniors or adult children who find themselves at a point in life where they really need to right size to remain in their current home, or actually move to a new, smaller home.
A Senior Moving Company has specialized staff members that are expert project managers who work with seniors to provide the needed assistance to navigate through the right-sizing or downsizing process. The Senior Moving Company staff member will help with planning for your new home setup, sorting, organizing and dispersing of household items not needed, set up and supervise the actual moving day, pack the original home and unpack and setup at your new home and then make sure your original home is sparkling clean and staged to sell at the best price.
Senior Moving Company staff can also help remove a tremendous amount of stress for all involved by providing expert advice and then ensuring all the many necessary, complex steps are executed in a thoughtful manner leading to a peaceful move for seniors.
As mentioned above, there are several steps involved in the process that a Senior Moving Company can provide significant problem solving and assistance with which we at Arizona Senior Moving Company cover on our website and in several of our blog posts.