Downsizing: Making the Move into a Smaller Home
Later in life, moving may seem like the last thing you want to do. Rarely does someone wake up at 50 years old and say: “I think I’ll move today.” Downsizing from the home where you raised your children can be stressful. It can seem to be overwhelming, inconvenient, and something better put off until later. However, those who make the decision early in their senior years have more control over where they will end up.
The house that once worked well for a young, active lifestyle may not be ideal anymore. Furthermore, a house that fit a family of four or five may not be sensible for an aging couple or single person. Although it can be difficult to let go of the familiar for sentimental reasons, it is very likely that eventually we will have no choice but to live in a place that makes better sense for our older selves.
This may mean that we need to consider a remodel of our current home, or in many cases may mean a complete move to a more practical home. In either case, a move or remodel is much easier to plan earlier in senior years. If procrastinated for too long, it is likely that ultimately the choice of where to live will not be ours, but will instead have to be made out of necessity.
While it may seem that staying in your big, two-story house with a large yard allows you to retain your independence, you may in fact be limiting your decision-making power. Find a place now, while you have the ability and energy, that will be within your means to age comfortably. Doing so can eliminate the emergency later that could arise if you become completely incapable of staying in your current home.