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So, what should retirees buy to help them downsize?
Here are just a few things.
Retirees should also be conscious of these things theyll regret downsizing.
Even a few minor renovations and basic upkeep can make the property more attractive to prospects.
HELOCs and similar options can also come with interest charges, so ask yourself whether its worth it.
Some people do this for financial reasons that is, to save money.
Once organized, you’re able to start getting rid of the things you dont need.
But you may have to pay some money if you live outside the county limits.
For example, non-residents need to pay$25 a yearfor a Wake County library card in North Carolina.
Residents dont have to pay.
In anApartment Therapy article, a couple shared their story of doing just that.
We did buy new things.
With the downsize, we needed to be creative with furniture solutions.
Professional Services
Investing in a few professional services can make downsizing much easier.
For example, there are downsizing home specialistswhose primary goalis to help seniors simplify their lives.
Fees vary by service and project size.
Another professional service might be a landscape maintenance technician or someone similar.
These individuals can spruce up your yard, which can be especially helpful if you plan on selling.
Photo Albums or Binders
You probably want to keep sentimental items like photographs oreven concert tickets.
But these items can add clutter and stress to your life.
One solution is to purchase afew photo albumsto hold those photos or other important mementos.
Binders with sheet separators can be used for larger documents.
On the other hand, they could potentially save you money.
A combination washer and dryer takes up less space than two separate appliances.
Additional vehicles may limit your ability to receive benefits.
It can also free up space in thegarage or driveway.
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