We care about and love to see active members of senior community at Wellness Alliances. Bob and Mary are the founders of Seniors Meet. Seniorsmeet.org promotes, as the name suggested, seniors to meet up, where they can group together and socialize. We highly recommend our clients, as well as seniors in the community, to visit their website at seniorsmeet.org
Below is one of their recent articles that we would like to feature on our website, as it provides helpful information to the senior community in general.
Keep These Senior-Friendly Strategies in Mind When Downsizing Your Home
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At some point, many people reach an age when they start to feel they are dealing with “too much house.” A big house is great for a family, as all that room can be a godsend when there are multiple kids, a pet or two, and a couple of full-grown parents, all competing for a bit of space and privacy in a bustling family environment. With an empty nest, many seniors find themselves considering downsizing for their golden years.
Smaller homes tend to be better suited to older adults, as they’re often more affordable to purchase and maintain. And on top of that, once we reach a certain age, things like stairs and extra rooms frequently go from being unnecessary to outright safety hazards. Senior communities are an excellent option for many, since the homes are appropriate for older homeowners, and you’re surrounded by peers to connect with.
Regardless of where you end up, downsizing can be an exciting process, but it can also be a bit stressful. Keeping these ideas in mind might help to make the process run a little more smoothly.
Hire Help in Advance
Moving help is often one of the last things dealt with, but it’s important that this item not be left for the bottom of the list. Just as Forbes points out, hiring a good moving company to help you on the big day can take a lot of stress and anxiety out of the process, but it can also be a pricey thing to put together. Look for movers in advance. Starting your search with plenty of time before the big day will help ensure you’re maximizing your value, and provide peace of mind.
Decide What to Do with Your Old Home
When it comes to your soon-to-be former home, there’s certainly a decision to be made, and it’s one that can impact how you move forward in a concrete way. You essentially have three main options when it comes to your current home:
Keep your home in the family by passing it onto a younger generation. If money isn’t an issue, this can be a great way to keep a cherished structure in the family forever. However, particularly due to the potential tax and legal consequences, touch base with an attorney before going this route.
Consider renting your home, as this can help you with your post-retirement income. This is a great option for those who enjoy handyman tasks, live close by, or will enjoy a part-time job. Bear in mind that landlords have significant responsibilities, including expenses like paying taxes and insurance on the property. There are several apps you can use to lighten the workload, although some seniors prefer to pass the chores to a property manager so they can just collect the monthly rent check.
Selling your home is a great way to turn a nifty profit and offset the cost of whatever new home you wind up purchasing. If you decide to go this route, it’s typically best to connect with a real estate agent to help with this process. An agent can give you invaluable insights on things like upgrades, staging, and the current local housing market so you ensure the best possible sale. Before hiring an agent, make sure you ask them about what services they offer and how many sales they've facilitated locally.
While the money you earn from renting or selling can go toward buying a new home, you should also put aside money for care services if you believe that your health needs are not something you can handle on your own. At Wellness Alliances, they provide exceptional companion, personal, and home support care in order to meet all your needs.
Moving into a new home can be a pretty difficult experience, and that’s true at just about any age! Sometimes this applies doubly to the process of downsizing, but that doesn’t always have to be the case. With the right tips in mind, you can easily pick out the perfect home for your future and enjoy your retirement in peace and happiness.
To learn more about their home care services, contact Wellness Alliances at 1-702-815-9012.
Courtesy of Mary Shannon from Seniorsmeet.org