A benefit of Downsizing.
Home-owners who downsize have five choices for the proceeds they receive from the sale of their home. They may choose a combination of all five or only two to three. Very rarely will they choose only one. Here’s a breakdown of the five along with some thoughts on the one that will be very common throughout this decade.
Grandchildren are a joy to grandparents. No wonder that retiring and downsizing can be a welcome change for grandparents wishing to spend more time with their grandchildren. This is one of the benefits we experienced after my wife retired and we downsized in 2014. Here are some of the ways we have been able to have more fun with our grandkids.
Avid golfers who are close to retiring usually look forward to more golfing on the next chapter of their life. Some ensure there is more “time on the green” by downsizing to a golf community with like-minded retirees. For Canadians, there are at least three variations of this approach that allow for maximum time on the course despite Canadian winters.
September and January always feel like “back to school” months regardless of your age. They are usually times of renewed energy and anticipation of learning something new. Boomers facing retirement often look forward to completing some unfinished education, testing untapped interests and new fields of learning. Here are some suggestions to get you started if this describes you.
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.
Downsizing Help 