As I have established at our Boomers on the Move workshops, downsizing your home for retirement takes time and preparation.
There is no one-size-fits-all answer. So you need to take inventory of where you are. As a homeowner, that includes a free home evaluation.
1. Your Family Home Holds The Key To Financing Your Retirement
How much is your home worth? A FREE Home Evaluation can tell you! The family home is often the largest investment you will ever make. Downsizing your property can unlock some much-needed equity. Knowing the value of your home will give you the opportunity to roughly work out a budget and it can also help you to establish a timeline between saving and the day you move.
2. You want to get the highest return on your investment
A FREE home evaluation can provide for you the suggested sale price of your home today, and a suggested selling price if you were to do some repairs/renovations, or updates to your home in the future.
Whether this is exploring the different places to move in Ontario, or meeting with a financial adviser, I know that once you have completed a FREE Home Evaluation you will have more direction to explore your options.