Here are some interesting facts:
Most people spend their life accumulating, either buying things for themselves or for their children and grandchildren. Many people rarely throw things away, thinking,I could put this to use later . . . or I'll pass this along to the kids when I die." Reality sets in when you finally realize that the kids or grandkids couldn't care less about the tea set your grandmother left to you when she died. Perhaps it's time to think about your possessions and decide if you possess them or they possess you.
According to the last U.S. Census, nearly 40 million people in the United States, or 13 percent of the total population, are 65 or older. If you are one of these older adults you may soon be facing decisions that will affect the rest of your life. You can start by just taking stock of what you have. Is every corner of your home filled with the stuff of dreams and special memories? Would your life be turned upside down if they were gone? How much room do you actually need to live a life of joy? Could the removal of clutter and subsequent downsizing be your salvation?
We have compilied eleven articles about downsizing to help you understand what is involved in reducing or downsiing your home. We have given the titles and lead-in for each article. All of the articles are contained in our FREE gift to you, an informative ebook "Top Tips for Seniors - Downsizing." There is no charge. You can read it. Save it, or even pass it along to friends. The more you know about downsizing the better you'll be able to decide if it is your salvation or just another problem.
Here are the elven articles:
1. What is Home Downsizing?
Exactly what does the term "Home Downsizing" mean? Most likely it will mean different things to different people. Some definitions we have seen include:
?Selling off excess personal property in order to make more room.
?Moving into a smaller, more manageable home.
?Cashing in on personal property investment
?Reducing the mortgage payment and living expenses.
2. 11 Tips to Help You Start Downsizing Your Home
Up until the Home Downsizing process starts, most people have been "accumulating", i.e., buying things first for themselves, and then later in life for the children, and rarely throwing things away. Today the children are usually no longer at home, and you are probably no longer accumulating things at the rate you did earlier in life. In fact, for many this is the first time in their lives that they have really had to de-assess, or sell things off, in order to make more room.
3. Remember to Include YOU Time When You Downsize
So you've made the decision to downsize your possessions. Perhaps you have put together a plan of what needs to be done; you have factored in lots of time for making the tough choices; you've even rallied a few people to help you and you're ready to start. Did you remember one of the most important tasks? That task is the "YOU time" task!
4. The Pros and Cons of Downsizing Your Home After Retirement
I've been thinking about the advantages and disadvantages of downsizing to a smaller home after retirement. This is what I've come up with so far...
The first and most obvious advantage is that, if your existing home is worth a lot of money because of its location and size, and/or you have a lot of equity in it, the sale of the home could give you a cushion of money to make life in retirement a little easier and fund some of those 'bucket list' adventures.
I'm assuming that you would be moving to a property that would be easier to manage as you got older - not one that's going to make life more difficult (although I accept that I could be biased because cleaning and other assorted, household-related tasks are not really my thing and I can't imagine that ANYONE would CHOOSE to spend MORE time engaged in those activities!)
5. Downsizing Tips for Seniors and Their Families
Many baby boomers, and their parents, are at the stage of life to seriously think about downsizing. They have a lot of company. Nearly 40 million people in the United States, or 13 percent of the total population, were 65 or older in 2007, according the U.S. Census Bureau.
As individuals live longer and families are often geographically dispersed, more elderly adults are faced with the trauma of relocating, often from a place they've called home for decades. Every nook and cranny holds special memories. The thought of leaving them behind can be overwhelming.
6. Making The Decision To Downsize Your Property
As we proceed through our life we are often striving for 'bigger and better' things: whether that is a bigger house, a bigger car, a bigger income, a bigger family... we always seem to have the need or desire to expand on the type or number of possessions we currently have. However, the flip side of this is 'downsizing'. The most obvious and common 'downsize' people make is to downsize their property. There are many reasons why people to choose to downsize their property and this article seeks to examine these reasons as well as considering what group people may be the most likely to take the step to downsize.
7. Are You Ready to Try a 'Downsizing Trial Run'?
Have you been thinking about moving to a smaller place but haven't because you're not sure if you would like it in the long term? Why not try a Downsizing Trial Run first?
What exactly is a Downsizing Trial Run? The basic idea is to live in your current home for a set amount of time as if your current home is the size of a smaller home and has the same number and variety of rooms you would have in a smaller home.
The key is to make it as realistic as possible. The more realistic you make it, the more you will be able to know if you are ready to downsize or not.
8. Why Are You Downsizing Your Home?
As you begin the Home Downsizing process, one of the first questions you have to ask yourself is "What are you trying to accomplish by downsizing?" Different people will be downsizing for different reasons. What are your downsizing goals and objectives?
Removing Memories: Have you recently lost a loved one, through death or divorce, or does your current situation contain too many bad memories of better times past? In certain circumstances it may be best to move on to a new home or surroundings and get on with the next phase of your life.
Removing the Excess Clutter: Do you need to simplify your life by removing much of the accumulated clutter that is all around you, just to make more room? I have been in homes where there was just a little clutter laying around. And I have been in other homes where you couldn't physically enter a room because it was packed so full.
9. What Are the Advantages of Downsizing Your Home?
Home Downsizing means different things to different people. People also downsize their homes for a variety of reasons. There are many advantages to downsizing a home, but there are disadvantages as well. In this column we'll discuss the advantages of Home Downsizing. In the next column we'll discuss the disadvantages of downsizing a home. Some of the advantages of downsizing a home are financial in nature, others reasons are non-financial.
10. The Disadvantages of Downsizing Your Home
Although there are many advantages to downsizing your home, including both financial advantages (e.g. lower mortgage, lower taxes, lower insurance, lower upkeep, etc.) and non-financial advantages (less upkeep, less stress, more time to do the things that you want to do, etc.), there are disadvantages to downsizing your home as well.
11. Seniors Guide to Home Downsizing
You've probably been thinking about downsizing your home for a while but the simple thought of it is almost overwhelming. You've been in your home for longer than you can remember, and it's filled to the rafters with quality merchandise, general household items, family memories, and more junk that you would like. But at some point you will have little choice. It will be time to downsize and shed much of the excess items sitting around your home, basement, garage, attic, and outbuildings that you no longer want or need.