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3 Tips on Downsizing in Retirement

House in Greater BostonAre you planning on downsizing your home for retirement? If so, you may some mixed feelings about it. Moving into a smaller home can be an exciting and emotional process. Here are a few tips to make things a little easier.

1. Stay positive. Look forward to all of the good things to come! You’ll be improving your lifestyle and your finances. You won’t have as much home maintenance or housework to do and your utility bills will be lower. You’ll have more time to enjoy the things you want to do, places you want to go, and people you want to see.   

2. Plan ahead. Take the time to carefully assess how much downsizing you really need to do. Visualize your new home, the floor plan, and the amount of space in it. Consider your budget, healthcare needs, and location. Where do you really want to live? Closer to attractions, amenities, family, friends, or all of the above? Planning ahead will make the transition easier for you and your loved ones.

3. Don’t rush. If you try to declutter or get rid of things too quickly, it can be overwhelming. Take your time and go through your home room by room and separate the items you want to keep. If there are things you haven’t worn or used for years, do you really need to keep them? Are you going to have room for these things in your new home? Now, it’s time to purge everything else. You can give the remaining things to family, friends, or charity, have a yard sale, or throw away.

If you would like to learn more about real estate opportunities in the Greater Boston area, contact Barrett Sotheby’s International Realty. We can help you find the right property for your needs.