While a recent Del Web survey revealed that 22% of 50-60-year-old Americans in or approaching retirement are doing a 180 on housing, as more choose to upsize their residences and enjoy the fruits of their savings labor, the majority downsize as they hit retirement age. In this lies a dilemma: what to do with all that STUFF?
The Financial Times recently published a story on this subject and I too have personally witnessed the anguish those who have collected and gathered their favorite things, now compelled to sell, gift, or donate them....or worse, throw things away. As professional real estate advisors this is a component we have all dealt with, and we need to be better equipped to guide our clients to resources to help them. Here are some thoughts:
Our team provides resources that can help make this transition way less stressful. From clean out companies to professional organizers, we can help families evaluate and implement the best strategies to help your next move.