Last month I attended a New Year’s party that was filled with old friends. There were about 50 of us and everyone there was in approximately the same age range.
And what was the main topic of conversation? DOWNSIZING.
Some people had already done it and extolled its virtues. Others had made the decision to move ahead. Some others were nervous about the entire concept and asked tons of questions.
The truth is that not everyone will benefit from downsizing. And therefore, it’s not a “must” do. If you can stay where you are and can “age in place,” then I recommend you do so. But I also believe you MUST examine all the angles before you make your decision.
Here are some questions to consider in order to make an informed decision about downsizing your home.