CHAPTER 2 What Are You Looking ou Looking for in Your Next Home? xt Home?
“If you can’t fly then run, if you can’t run then walk, if you can’t walk then crawl, but whatever you do you have to keep moving forward.” Martin Luther King Jr. We just talked about how much you have to look forward to as you move into the next season of life. But before you even consider selling your longtime home, you need to consider your next home and the life you want to live in it.
So, what are you looking for in your next home?
Many empty-nesters find themselves with an excessive amount of living space they no longer need. That’s why many choose to downsize when they’re searching for their next homes. In many cases, your new home post-retirement will have less square footage than the home you currently own, but it may also just be a different type of home — for example, a 1-story home opposed to a 2-story home, perhaps with similar square footage; or a home of equal size with less bedrooms and more space dedicated to other areas of the home. This is called “rightsizing.” Rightsizing is all about finding a more manageable home than the one you currently own. I like this term better than downsizing, in that there's nothing "down" about moving into something that's the perfect size, timely and allows for more freedom. It's
8
Powered by FlippingBook