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Writer's pictureJesus M. Fernandez

Six Smart Strategies for Seniors Who Want to Downsize

As you get older, your priorities shift. Perhaps a few decades ago you found comfort in material things, but now you’re more invested in your friends and family. This is a natural process that many seniors go through, and it may inspire you to start downsizing your belongings. According to statistics, 81% of people say that tidying up their home can improve their mood. You can benefit from a boosted mood and a cleaner space by following these six strategies, courtesy of your Miami Lakes real estate expert, Jesus Fernandez


Utilize the Marie Kondo Method

One of the most effective strategies for downsizing emerged in 2010 when Japanese organization expert Marie Kondo published The Life-Changing Magic of Tidying Up. This book outlined a simple method — consider whether or not your belongings bring you joy. This approach not only simplifies decision-making but also promotes a clutter-free, harmonious living environment. If so, you must find a way to organize them, and if not, you must part with them.


Consider Renting as an Alternative

Choosing between renting and buying a home is a complex decision that hinges on one's financial stability, long-term plans, and personal preferences. Renting may offer more flexibility and less financial burden in the short term, without the commitment to a specific location or the costs of home maintenance and repairs. Conversely, buying a home can be a path to building equity and benefiting from potential property value appreciation, though it requires a significant upfront investment and ongoing financial responsibilities. Read more here in detail, from a recent blog post on leasing vs buying.


Investigate Assisted Living Options

Assisted living is one of those subjects few of us want to think about, but planning for long-term care and assisted living is a critical step as you approach retirement and beyond, ensuring you maintain your quality of life and independence for as long as possible. It's important to start by researching local facilities, taking the time to read reviews and testimonials from current and former residents and their families. This firsthand insight can offer a clearer picture of the daily living experience and care quality. Understanding your options is also key; consider the different levels of care available, from independent living communities to more comprehensive assisted living or nursing home care, depending on your personal health and mobility needs.


Plan for a Stress-Free Move

Moving is, unfortunately, one of the most stressful events that you can endure; nobody enjoys the tedious tasks associated with relocation, but you can minimize the stress of the situation by planning sufficiently. Establish a room-by-room plan that outlines your strategy for packing belongings. This plan should also include a strategy for downsizing as you go.


Don't want to take some of your belongings with you?

Many people donate furniture and other house-hold items before their move to charitable organizations, like Camillus House, which helps families in our community with housing. They welcome items, including clothing, furniture, medical equipment and pet supplies. If you would like to sell some of your valuable items, Jesus Fernandez can auction them for you, when selling your home.


Downsize Your Business Assets

Closing or selling a business involves a detailed process that requires careful planning and consideration of legal, financial, and operational aspects. It's essential for business owners to understand the steps needed to prepare their business for sale, including valuing the business, finding a buyer, and navigating the legal requirements to finalize the deal. This process not only helps in securing a fair price for the business but also ensures a smooth transition for both the seller and the buyer, minimizing potential hurdles and facilitating a successful closure. Jesus Fernandez sells more than residential real estate, he also works with business owners interested in selling their businesses, including their real estate. Call him today for a no obligation consultation.


Invest in What Matters the Most


When you take the time to downsize your belongings, you’ll find that you are finally free to focus on what matters the most — enjoying your golden years and spending time with your precious loved ones. You can do this more easily when you live in a comfortable home that’s unencumbered by clutter.


Clutter is a common problem facing households throughout the U.S. When you’ve had decades to accumulate objects, it can be especially challenging. You can overcome the encroachment of clutter, though, by downsizing your home, selling your business, and buying a new house.


For help selling your Miami Lakes home or business, and finding your next home, contact Jesus Fernandez! He has been an American Dream Maker, since 1995.

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