CUES its Time to Downsize

(May 29, 2025 )

Cues It’s Time to Downsize

If you are nearing retirement or you are already retired, you may be thinking about downsizing, as it can free up your finances and simplify your life, allowing you to enjoy a greater quality of life. 

So, what are some cues that it's time  to downsize?

- You are having frequent falls or trouble navigating the stairs. If this is the case, you may be safer in a single-story home or a condo  with elevators. 

- You are overwhelmed with home maintenance.  

- Your housing costs have risen above 30 percent a month.  

- You want to free up your home equity, perhaps so you have more disposable income for things  like travel.    

- The home no longer fits your needs.  

- There are unused rooms and amenities.

- Your career and family no longer tie you to the area.  

- You want to be closer to your family. 

- The demographics in your neighbourhood have changed and you no longer have a sense of belonging there. Perhaps a retirement community would make more sense, so you can make new friends and enjoy activities together. 


While it can be hard to let go of a home that holds so many memories, letting  go means you will create space for  new possibilities.

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