Many older adults and their families delay downsizing (or as you know, I prefer to say, rightsizing) due to common myths about the process. However, the truth is that rightsizing can lead to a more comfortable, fulfilling, and calmer lifestyle—especially when started early.
Myth: Rightsizing means sacrificing comfort, moving to a smaller cramped space.
Truth: Rightsizing doesn’t always mean moving to a smaller space. It can mean transitioning to a home that better suits your needs—whether that’s a similar-sized home with a single-level layout, a residence with less maintenance, or even moving into a suite or carriage home with family. For some, rightsizing may mean successfully aging in place by making modifications such as adding grab bars, widening doorways, or hiring additional help as needed. The goal is to create a living environment that enhances comfort and ease of living while reducing stress. In reality, it often enhances comfort by eliminating the stress of maintaining a large home and moving into a space that is more accessible, manageable, safer, and tailored to current needs and lifestyle. Whether it’s a single-storey home, a condo with modern amenities, a community designed for seniors, or a well-equipped home that allows for aging in place, the right choice can significantly improve quality of life and provide peace of mind. Assessing your current and future needs will help you decide which option is best for you. On the fence which option is best? Ask for HELM’s self assessment guide which will help guide you to decide which option is best for you.
Myth: Rightsizing is overwhelming and stressful.
Truth: While it’s true, it can be an overwhelming process, and then throw in sorting through a lifetime of belongings it can be an emotional experience, yet starting early gives you more control over the process. When done gradually, with a clear plan and the right support, rightsizing becomes far less stressful. Instead of rushing to make decisions in an urgent situation, early rightsizing allows for thoughtful, intentional choices. Working with a Seniors Real Estate Specialist (SRES®) who will create a custom plan, introduce you to like minded professionals and resources all working on your terms and timeline will ensure the process is as stress free as possible.
Myth: Rightsizing means losing your identity, have to give everything away.
Truth: This couldn’t be further from the truth. Rightsizing isn’t about giving up everything you love; it’s about focusing on what truly matters to you. It’s an opportunity to create a fresh space filled with your most meaningful belongings. By keeping treasured items—whether it’s a favourite chair, a beloved collection, or sentimental photographs—you ensure that your new home still feels like yours. If aging in place, ensures your keeping only items that fit your lifestyle and your home is designed with safety and comfort.
Myth: Rightsizing is only for the elderly.
Truth: In fact, proactive rightsizing can be beneficial at any stage of life. It can free up capital to travel, invest, or simply enjoy financial peace of mind. Living in a home that fits your current needs rather than one designed for a previous chapter of life can bring newfound freedom and security. It’s a next chapter, not the end!
Myth: I can put off the decision and let my family handle it later.
Truth: The reality is that waiting too long will create stress for loved ones and significantly limit your own choices. I often hear, "They’re going to take me out of here in a pine box!"—but more likely, it will be in an ambulance. Falls account for 85% of senior hospitalizations, and one-third of those hospitalized never return home. Instead of leaving your future up to chance or making decisions in a crisis, starting early allows for a smooth, well-planned transition on your own terms. Even families that get along may not always agree on what’s best. By making the choice yourself, you can prevent potential conflicts and ensure that your wishes—not someone else’s—shape your future.
Rightsizing isn’t about loss—it’s about making intentional choices that lead to a more manageable and fulfilling lifestyle. By letting go of misconceptions and embracing the possibilities, senior rightsizing can become an exciting new chapter rather than a daunting task. If you or you know of someone who has questions, please ask. I’m always just a phone call away.