Is It Downsizing Time?

  

WHO WANTS TO DOWNSIZE?…
 

Downsizers are young, middle-aged, and older.  

The young may have bitten off more than they can chew and want to regroup – or may just find themselves past the have-it-all stage and be interested in a simpler lifestyle.  The elderly may be selling the family home to move into smaller, more easily cared for, quarters – or to free themselves to travel.  Many of the middle-aged are getting to retirement age… and finding that their pensions (if any) aren’t nearly enough to keep up with projected expenses, not to mention goals involving fun during leisure time.  Any of us might look ahead and feel a little concerned about a shrinking economy catching us unawares – it's a prospect that gives one pause.

Downsizing – moving, and/or readjusting one’s lifestyle in other ways – is on a great many people’s minds, for a goodly number of reasons…
 

  

REASONS TO DOWNSIZE…
  

  • Simplification
  • Saving/recouping money
  • Retiring with a smaller income, different interests
  • Too much house/yard to take care of now
  • Avoiding foreclosure on your primary or secondary home
  • Freeing yourself up for greater enjoyment/creativity
  • Security – for yourself, for your heirs

THE SHREWDEST – AND MOST TIMELY – REASON?:

  • Beat the rush! (and any pending housing market fall, local or country-wide... see this page for the rationale)

 

Whatever your reason for being interested in downsizing, you'll likely find some ideas here that will help you on your way (or in the aftermath)...
   

  

TIPS TO HELP YOU (DO IT YOURSELF OR WITH HELP FROM OTHERS)…
  
[THIS IS A WORK IN PROGRESS - CLICK ON THE UNDERLINED SECTIONS]       

FIND ANOTHER (SMALLER/LESS EXPENSIVE) HOME: 

  • Buy vs. build
  • Rent vs. own
  • Rent and own - by moving in with others and renting out your house
  • "Downsizing" doesn't necessarily mean smaller 
  • Things to consider:  Resale value of your new home; Go or stay?
  • Other possibilities:  RVing; Other unconventional homes; Housesitting; Moving abroad; Being a house sharer; Trading homes

   

"DOWNSIZE" IN THE HOME YOU'VE GOT: 

   

WHAT TO DO WITH THE EXTRA STUFF: 

   

MOVING, OUT AND IN:

     

TRANSFORMATIONAL LIVING: 

  
  

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Gordon Pioneering - Copyright 2007 & onward