As you are settling into the golden years of your life, there are two common questions that might be one your mind: should I downsize my home? How can I spend more time with my family? There are many joys that come from being a grandparent, and it can be hard to enjoy this time if you live far away from your children and grandchildren.
Proximity to the People that You Love
When it is time to “rightsize” your home, it is important to consider location and access to the people that you love. You also need to make sure that you have enough room to accommodate visitors during the holidays and throughout the year.
Many grandparents want to live near their children, but it can be helpful to leave some room so that your children can maintain independence with their own family. Every situation is unique though, so you might consider having a conversation to see how comfortable your children feel about living nearby.
For example, it might be a little too much to have a grandma living across the street. Instead of buying the home that is for sale in the same neighborhood where your grandchildren live, consider the next neighborhood down. Ideally, you should find something that is close enough for the kids to ride their bikes over after school, but far enough away so that it doesn’t feel too overwhelming.
Downsize or Rightsize?
Another consideration is the size of home that you choose. Most people want to move into a smaller home during retirement because they don’t want to spend their time and energy on home upkeep. Instead of having a mindset to downsize your home, consider the term “rightsizing” to find a home that isn’t too big or too small.
Yes, you can find something that is a little smaller compared to the home where you raised your kids. But, you still need the new home to be large enough so that you can host your family for Sunday dinner or have the grandkids stay for a sleepover. Even if you live near your children and grandchildren, it is still beneficial to have your own space to host parties and gatherings. Having these events at your house can relieve the stress of your children who are trying to juggle their own kids, household upkeep, and a job.
Make the Move to Connect with Your Family
It is important that you maximize your time so that you can spend as much time as possible with your family. If you live far away, then you won’t be able to see your grandchildren as often. Since you are retired and no longer tied to a specific location because of work, right now is a great opportunity to move closer to your family.
At DUFFY Realty, we know that family time matters. Contact us for help finding a home near your children and grandchildren: (678) 318-1700