One of the most popular trends for boomers in the GTA who are retiring is to downsize and do some travelling*. Usually, they are moving to a smaller residence and want to enjoy some their well-earned retirement with a travel vacation. Here are some things to consider if this describes you.
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It is very common to consider a retirement home lifestyle as a means of solving difficult situations arising from living in a traditional home. This might be the result of a sudden change in one’s life or a gradual shift in day-to-day living that is finally recognized. Here is a list of typical problems that others have experienced along with the solutions they enjoyed by moving to a retirement home. (With videos.)
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If your family home is filled with many happy memories of relatives, friends or events, there may be a tendency to view the home as a “Memory Museum”, helping the family recall those good times. However, that can be a stumbling block when it is time to step into the future.
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The best way of helping your parents downsize depends on who wants them to do so: you, them or all of you. Each situation requires a different approach. Here are some suggestions:
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