When Is The Right Time To Downsize?

KupunaWiki Team Real Estate Leave a Comment

In the US, there are many senior people who downsize own lifestyle after retirement. Some of them

move to condo or retirement community from single family home. However, it is a little bit difficult to

decide to downsize. Some people cannot catch a good time to do it. We need some obvious triggers to

decide downsizing.

The one is basic way. After you retire your job and for a while, you may have some problems or

disadvantages in daily life. At that time, it is a good time to downsize. Maybe your home is not suitable

and not comfortable to live any more, and you should downsize your home. If you move to other place,

for example, condo or retirement home, you can spend more peaceful time, and also more comfortable

for you. Or, if you feel hard to manage your house by yourself, you can start thinking to downsize. Both

of them, there is a sign for downsizing.

Other trigger is, for instance, when partner passes away, or when children leave the nest. These are the

good time to decide to downsize too. These are kind of big happening in life, and maybe easy to become

big trigger to think about it. At the same time, these are obvious trigger, so you can make up your mind.

Contrary to it, if you cannot make up your mind, and downsize, it becomes difficult to catch a good time

to downsize more and more.

On the other hand, you can move out your home before you retire your job. This is a little bit strange,

but after years, you may have some physical problem or mental problem, so while you are still healthy,

you can do that as preparation for retirement life. If you do that, you can live affordable life in the

future, and you don’t have to have any anxiety of your future. This is important things to live senior life.

Actually, there is no right time to downsize. It is depends on the person, and after all, if you can convince

to downsize, it’s alright. Also, if you have question about downsize or hesitate to do it, you should

consult and discuss with downsize company. They will give helpful advice for you.

For more information on this, contact us.

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KupunaWiki Team

Kupunawiki.com is a resource that does not provide any direct services other than information and a list of service professionals. Kupunawiki.com, consultants or associates, are not experts in any of the fields relating to senior housing, finance, estate planning, health, or real estate. Kupunawiki.com does not generate any revenue or referral fees from the contributors or those listed as service providers. Kupunawiki.com is not a real estate website although there is an affiliation with the following contributors: Brandon Lau (RB-19267) and Andrew Leong (RB-21696) who are licensed real estate partners with ChaneyBrooks Choice Advisors at 1440 Kapiolani Blvd., Suite 1015, Honolulu, HI 96814. The information contained on Kupunawiki.com is intended for informational purposes. It should not substitute legal, accounting, investment, medical or other professional advice. Always seek a competent professional for answers to your specific questions.