Are you thinking about downsizing but don't know where to start? Join the Ben Kinney Team of PLACE to sort out the options of downsizing from a large home to a smaller home.

Seminar Key Points:

1. Introduction to Downsizing

• Examine the reasons for downsizing: empty nesters, reduce expenses, getting older, etc.
• Definition and purpose: moving from a larger home to a smaller one to reduce maintenance, costs, and simplify lifestyle
• Benefits: financial savings, easier upkeep, better quality of life, a more manageable living space

2. Reasons for Downsizing

• Financial Considerations: lowering mortgage payments, utility bills, property taxes, and mainenance costs
• Empty Nesters
• Lifestyle Changes: desire for a simpler, more minimalist lifestyle, or adapting to changing family dynamics
• Health and Mobility: moving to a home that better accommodates current or future health needs

3. Planning the Downsizing Process

• Assessing Needs and Goals: determining what you need in your new home, including space requirements, location, and amenities
• Budgeting: calculating the costs involved in selling your current home and purchasing a new one
• Selling versus renting
• Age in place option instead of moving from a multilevel home
• Financial considerations: legacy, retirement, estate planning

The library adheres to the Americans with Disabilities Act that assures equal access to all library facilities, activities, and programs. For reasonable and timely accommodations, refer to the https://www.brentwoodtn.gov/departments/library/library-programs and contact the program organizer. Any ADA accommodations necessary for a program attendee will require at least one week of prior notice before the program or event.