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The Benefits of Downsizing

30 November 2022

downsizing   senior living   The Birches on Maple  
The Birches on Maple - Partners Downzising

Aging presents new challenges as the years pass, but there are ways to minimize the impact on your quality of life. One of the simplest and most effective ways is downsizing. According to seniorliving.org, around 51% of retirees ages 50 and older move into smaller homes after retirement. Although reducing your belongings and decluttering your living space can be stressful and a bit disheartening, the positive results from residing in a more minimalistic environment can improve happiness and enhance overall well-being.

When is it time?

There are several factors to consider when determining whether to downsize:

  • Do you have unused rooms and unneeded items?
  • Would your current living space and property be easy to maintain as you age?
  • Would you be able to financially maintain your current residence for a substantial period?
  • Would your living space create accessibility issues should you face mobility challenges or other health issues?

What are the benefits?

Downsizing to a new, smaller living space can provide many benefits for aging adults. Those may include:

  • Financial - Reducing cost of living can ensure you remain financially sound and can offer additional padding in case of unforeseen medical expenses or other unexpected needs.
  • Quality time - With a smaller and more affordable space to maintain, you can spend more time enjoying life and doing the things you want to do.
  • Ideal location - Downsizing can be an opportunity to move to a new and exiting location. If you've ever dreamed of living closer to a family member or perhaps in a tropical locale, this would be the perfect time to make the move.

What to consider when planning to downsize

  • What are your priorities?
  • Where would you like to live?
  • What type of residence and layout would you prefer?
  • What do you do with the belongings you will part with during the process?
  • What are the logistics of making a move? Many seniors use a senior move manager to make downsizing and moving easier?

If you are reaching an age in which you discover that your living environment is no longer practical for the long term - or if you simply have too many unused or unneeded belongings in rooms you rarely step foot in - it may be time to downsize. It can make all the difference in your quality of life and provide many happy, carefree years ahead.