Downsizing for Seniors

For aging adults, retirement often comes with the difficult decision to stay at home or move to a senior care facility. While living in your own home provides freedom and privacy, there are medical and financial challenges that come with aging that makes it necessary to move.

Downsizing is often the best option for seniors who want to cut costs or have medical problems requiring constant care. Selling their homes could provide them with additional funds to cover their retirement and other medical expenses. It also relieves them of managing a house, which in itself can bring stress and risk of accidents. But when would someone know when to downsize? Read this guide to learn more.