As you age, you begin to reevaluate your life. Your needs begin to change. You begin to wonder if it’s time to downsize a bit. One particular thing you might be wondering if you should downsize is your home. But, how do you know when you should do this? If you're approaching retirement age, there are ways to tell if it's time to downsize.
Signs It’s Time to Downsize Your Home
The Maintenance Overwhelms you
Keeping a well-groomed and maintained home takes a lot of work. When you get older, it can overwhelm you and leave you feeling exhausted. Things like the yard work, fixing broken roof shingles, and other exterior jobs might not be doable for you anymore. Then you end up having to shell out money or bother a family member to have it done. Living independently is beginning to look bleak. When you have reached this mindset, it's time to downsize.
You Can't Find your Things Easily
If you are beginning to notice that it takes you awhile to find stuff around your home, it’s not necessarily a sign of dementia, but rather, you have too much stuff. In fact, According to data taken from Ikea, each day Americans use up on average around 55 minutes looking for stuff they can't find. When you downsize, it forces you to prioritize what is important to you so you can lighten your load.
One of the most common reasons for older adults to downsize is retirement. As they approach retirement, many people want to decrease their annual expenses and stretch out their savings a bit. A smaller home or moving into an independent living community can cut down things like insurance, mortgage, and tax payments.
You Have Trouble Getting Around
Mobility can be an issue for seniors. If you struggle to get up and down your staircase or moving around your home, you might want to consider a smaller one-level property or moving into a retirement community home.
Another big reason why older adults downsize is loneliness. The kids have moved out and now there is only you. If you crave companionship, downsizing your living arrangements and moving into a retirement home might be a good idea. Sure, you can buy a smaller place that will give you your privacy and freedom, but it won’t improve your social life.
Downsizing might end up being one of the best things you can do for yourself when you reach retirement age. An independent living community, such as those available at Eskaton Villages, might be the perfect solution for you if you are challenged by any of these things above.