With the flurry of people moving and homes selling so rapidly, downsizing is a national movement. There are lots of reasons that seniors and others choose to downsize their homes and belongings. Very often the reasons are tied to changes in family dynamics, finances and health-related issues. Sometimes it’s the realization that too much stuff has accumulated over the years and is no longer useful or wanted. It is time to reduce the quantity and increase the breathing room in our homes and lives. In a study conducted out of the University of Kansas, over 1,000 people ages 60+ were asked if they had more, less, or just the right amount of stuff. Over 60% stated ‘more’.
The benefits to downsizing from a larger to a smaller home are many. To name a few:
- reduce or eliminate the physical responsibilities of home ownership
- improve household finances/reduce expenses
- improve home safety
- eliminate clutter and focus on what matters to you the most
- be closer to family
- reduce stress
Downsizing and moving to smaller residences isn’t about to end any time soon. Everyday,10,000 people in America celebrate their 65th birthday, a time when thoughts of downsizing and retirement begin to come to fruition. And according to information shared by Senior Lifestyle, people ages 50-64 say they plan to move within the next five years.