It can be a struggle at an older age making a decision to what is the best solution for what likely is your final residence. Part of the struggle is determining the financial consequences of it. Here is an attempt to provide a method of evaluation.
Website BANKRATE.COM annually publishes a list of the “Best and Worst States for Retirement”. On August 16, 2023 Bankrate.com released its ranked list for year 2023. The state of Iowa came out on top.
Many retirees become disenchanted after retiring. They cite being bored, lonely, and too quiet to describe their emotions. Read how changing surroundings can make a difference.
People struggle with disposing of possessions that they have accumulated over time. When it comes time to downsize they often need permission from family to dispose of them.
Considerations on Downsizing
There are many helpful Internet articles related to downsizing from a single family home. Below arebolditialized links to a few articles that may help you when considering a move to senior housing and why a senior housing cooperative should be considered.