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Downsizing Tips For Empty Nesters

Written by Elevate CU | Aug 8, 2023 11:00:00 AM

Downsizing Tips for Empty Nesters

The time has come—you're empty nesters. Your home is quiet, calm, clean, and perhaps most jarring, empty.

These are just a few adjectives that may come to mind when you return home after your youngest child leaves the nest. It’s the beginning of a new stage in life, and your home may feel completely different.

No longer are you constantly kicking aside stray sneakers and picking up a trail of school papers. No longer are you sharing your living space with soccer gear and your freezer with boxes of frozen pizza and ice pops. You may even get the TV remote to yourself!

Now that the house has emptied, it’s a great time to sift through the “stuff” piled up over the years. Maybe you’ve even decided to move to a new and smaller home. Whether you’re decluttering because your home has grown emptier or you need to get rid of half your belongings before you relocate, downsizing can be daunting.

Here are some tips to help you downsize as empty nesters.

Allow yourself to grieve, but stay positive

It isn’t easy to let go of precious mementos, give away the adorable baby outfits your oldest wore as an infant, or say goodbye to the home that watched your family grow. Make these goodbyes a little easier by acknowledging your grief but putting a positive spin on your new stage. Yes, you are saying goodbye to playdates and PTA meetings, but you are entering a phase in life that will open up new vistas and opportunities you’ve never had before.

Clear out your closets

If your closets have not been purged since AOL CDs cluttered mailboxes, you might be looking at a mountain of outdated clothing to sort through and organize. Here’s how to do this job easy.

Set up four boxes near your closet. Mark one “giveaways,” one “keepers,” one “sell,” and the last “dump.” As you sort through grunge tops from the ‘90s and neon jeans from the ‘80s, consider each item: Can you donate this, keep it, sell it, or is it destined for the dump? Place each item in its designated box until you’ve completed the entire pile.

When you’ve finished sorting through all your clothing, return the items in the “keepers” box to the closet, toss the junk, bring the giveaways to a clothing donation drop-off spot, and sell what's left on Poshmark or at a local thrift store.

Sell your spare furniture

Whether you’re relocating or staying put for now, your furniture needs will change when the kids leave home. Create space and earn some extra pocket money by hosting a garage sale for your unused furniture. You can also sell spare drawer chests, desks, and more on an online selling platform like Facebook Marketplace or KSL Classifieds.

Sift through your files

In the world, before everything was digitized, important papers in a household could pile up like snow in a blizzard. The good news is you likely don’t need most of the papers you’ve been saving all these years. It’s time to clear out the pile!

Each of your files will likely fall into one of three categories.

The important paperwork includes personally identifying information and sensitive documents, such as birth certificates and Social Security cards for each child. Of course, you’ll need to save the original copies of these documents in a safe place.

On the other end of the spectrum are saved files that serve no purpose now, such as electricity bills from 1995 and pay stubs from your first post-college job. These can go straight into the shredder.

Finally, you’ll have documents that fall between these two categories, such as medical records, tax returns, and your children’s report cards. You can choose to keep some of these, or, if you’re short on space, scan each document and upload it to cloud storage.

 

Rethink your bedrooms

With all the kids out of the house, you can rethink how you use your bedrooms. Have you always dreamed of a designated sewing room? How about using the space to indulge in your model train hobby? You can finally have that hobby room you’ve always wanted when the kids were growing up!

If you need to save some sleeping room for the kids when they come home to visit, you can keep a daybed in any converted bedroom for that purpose.

It’s a new stage in life, and it’s time to sift through the piles of junk accumulated over the years. Follow our tips for empty nesters, and downsizing will be a breeze!

Did you enjoy this article? Check out more like it on our MoneySmart Tips blog.

Your Turn: What are your best downsizing tips? Share them with us in the comments.