I tried it once. I got bored, so I have it on my long-range plans to attempt it again in a few years. Meanwhile, I continue to multitask, selling homes, spending time with family & friends, personal time, traveling, reading, and on and on. So “how is real estate” I get asked almost every day. Our real estate market is bloodthirsty for inventory, aka houses to sell. So, right now my fellow seniors, you really should be asking yourselves if your current home is equipped for the YOU that you will be in 3-5 years or is it not suited to a senior lifestyle? My husband and I downsized awhile back, and honestly it was no picnic, but better to do it while you’re healthy and your limbs aren’t crying out to be replaced. The stairs to your main bedroom on the second floor could present you with challenges. And “downsizing” doesn’t mean you have to go “tiny house” unless you want to. My daughter gave me the best line when she stopped by to see our new house. She said “Mom, you didn’t downsize you just flattened out.” It’s true, we have the same amount of sq. ft. but it’s all on one floor, old age here we come! The second question you should ask is do you know what your present equity situation is in this market? If your answers are “no” to one or the other, let’s get together over a cuppa and chat about what your future lifestyle looks like for you. This could be the very best time to cash in that nest egg for cash in your pocket and a new chapter in your life.
