Sell Your House Before You Retire - 5 Tips to Help

Ready to move before you retire? Of course you are! But do not declutter and pack up your boxes before reading these five tips for selling your home before retirement!

Selling your home as you approach retirement marks a major life transition. This move opens the door to your next chapter, and a little planning makes all the difference in a smooth, manageable process. We have five tips for selling your home before retirement to guide you through the journey.

Work With a Senior Real Estate Specialist

You should find a real estate agent who understands your unique needs. A senior real estate specialist (SRES) has specific training to help clients aged 50 and over with major financial and lifestyle transitions.

They bring a wealth of knowledge about retirement and real estate to the table. An SRES can also guide you through the process with patience and expertise, connecting you with other professionals like stagers and movers. Ultimately, these experts help you navigate the market and manage the sale from listing to closing.  If you cannot find a Realtor with that designation, look for a Realtor who is experienced with selling homes in your neighborhood.

Understand the Local Housing Market

A successful sale depends on timing and pricing. Research your local housing market to understand current trends. Your real estate agent will provide a comparative market analysis, which shows what similar homes in your neighborhood have sold for recently.

This information helps you set a competitive and realistic asking price. Setting a realistic price is probably one of the most important things you need to do in order to sell your home in a reasonable length of time. Knowing the market also helps you determine the best time to list your home.

Organize Your Important Documents

Another tip for selling your home before retirement is to organize your important documents prior to listing. This includes your property deed, tax records, utility bills, and any documentation for major repairs or upgrades you have made over the years.

Potential buyers may request this information, and having it ready shows you as a prepared and organized homeowner. Additionally, tidy files speed up the closing process and prevent last-minute scrambles for missing papers.

Make Smart Updates and Renovations

You may not need a full-scale renovation to attract buyers. In fact, you probably will not get a return on the money you spend on large renovations. Instead, focus on small, impactful updates which offer a good return on your investment. A fresh coat of neutral paint can brighten up rooms. Updating fixtures in the kitchen and bathrooms provides a modern touch. Repairing items which are obviously broken shows that your home has been well-maintained.

If your budget allows, focus on curb appeal as well. You can boost curb appeal with fresh flowers, a mowed lawn, or a new front door. You should also address any exterior flaws. For instance, wide cracks and pooling water on the driveway, sidewalk or patio are signs it is time to replace your home’s concrete flatwork. The goal is to enhance the overall look of your property, thus attracting more buyers and higher bids.

Hire a Professional Moving Service

Packing and moving an entire household requires a lot of physical effort. To avoid injury and reduce stress, consider hiring a professional moving company.

Movers can handle all the heavy lifting, from packing your delicate items to transporting your furniture safely. This can be overwhelming for senior citizens who may have been able to easily move themselves in the past.  If you are retiring, however, you probably will benefit from getting all the assistance you can. Many companies also offer helpful services, including unpacking at your new home. Book a moving service in advance to ensure you have the support you need on moving day.

Post and Photo credit: Logical Positions

Support this blog by checking out Deborah Dian's video reviews of Amazon products (Ad) in her Amazon storefront.  You'll find hundreds of favorite health and cosmetic products, children's toys, clothing items, books, jewelry, groceries and gifts.  Check out these personal product reviews, watch the ones that interest you, and safely buy the items you like directly through Amazon! 

Here's the link:

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Enjoyed this post? Never miss out on future posts by following us.  You will receive two to three monthly emails containing the most current post.  I do NOT send out advertising emails, and I do NOT sell your email address.  

Disclosure: This blog may contain affiliate links. If you decide to make a purchase from a relevant Google or Amazon ad, I'll make a small commission at no extra cost to you. It simply helps me keep this retirement blog operating.

If you are interested in learning more about common issues as we age, financial planning, Social Security, Medicare, where to retire, common medical issues as you age, travel and more, use the tabs or pull down menu at the top of the page to find links to hundreds of additional helpful articles.

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How to Make Your Final Years in the Office More Comfortable

As we reach our late 50s and early 60s, you may be wishing you could hurry up and retire. That is natural.  However, financially, it is probably not possible.  Despite that, there may be a few things you can do to make your last years in the office a little less unbearable.  Making a few changes today can help you enjoy those last few years of your career, and help stretch out your working years to maximize your retirement benefits.

The years before retirement can feel strange. You might notice changes in how colleagues treat you, or perhaps your body doesn’t feel as spry as it once did. The good news is that you can take steps to make these final working years more enjoyable and comfortable so you don't feel forced to retire too soon.

Don’t Allow Anyone To Underestimate You

Age discrimination creeps into many workplaces, even when it’s not obvious. Colleagues might assume that you can’t handle new technology or that you’re less capable than your younger workers.

Push back against these assumptions to make your final years in the office more pleasant. Stay current with industry trends and speak up in meetings. Volunteer for projects that interest you, and don’t let anyone sideline you because of your age. Your experience brings a valuable perspective that younger employees often lack.

Prioritize Better Furniture

Even small changes to your workspace can make a big difference in your comfort level. Furniture can play an important role in workplace wellbeing, especially as your body changes with age.

Consider requesting an ergonomic chair that supports your back properly, or ask for a standing desk converter if sitting all day causes discomfort. A footrest, wrist pad, or better lighting can also reduce strain and help you feel more comfortable throughout the day.

Start Working From Home

Remote work has become much more accepted since the pandemic, and many companies now offer flexible arrangements. Explore work-from-home jobs or ask about a hybrid schedule if your job allows it. Be open to change and insist on the same privileges of other people in your office.

Working from home eliminates your commute, lets you control your environment, and often reduces workplace stress. You might find that you’re more productive and comfortable when you can work in your own space.

Save Your Money Wisely

Financial security becomes crucial as you approach your final years in the office. Review your savings plan and ensure you’re making the most of your retirement account contributions.

Meeting with a financial advisor can help you fine-tune your goals and timeline. Cut unnecessary expenses now to free up extra cash, and explore catch-up contributions. Small adjustments today can help ease financial stress and let you focus on enjoying these last working years. The more money you can accumulate before you retire, the easier your future will be.

Reconnect With Yourself

Career transitions can trigger anxiety, even positive transitions, such as retirement. Take time to explore who you are outside of work.

Try journaling to process your thoughts and feelings about this life change. Meditation is another way you can reconnect with yourself while reducing stress and giving you clarity about your future goals.

Also, don’t hesitate to seek therapy if you’re struggling with the transition. Many find it helpful to talk through their concerns with a professional.

Embrace This Chapter As Comfortably as Possible

These final working years don’t have to be something you just endure. You’ve earned the right to feel good about this stage of your career. Choose what’s best for you and make your final years in the office more comfortable, while working as long as you need to in order to maximize your retirement benefits.

Post and Photo credit: Logical Positions

Support this blog by checking out Deborah Dian's video reviews of Amazon products (Ad) in her Amazon storefront.  You'll find hundreds of favorite health and cosmetic products, children's toys, clothing items, books, jewelry, groceries and gifts.  Check out these personal product reviews, watch the ones that interest you, and safely buy the items you like directly through Amazon! 

Here's the link:

https://www.amazon.com/shop/deborahdian-favoriteproductsvideosandblogs

Enjoyed this post? Never miss out on future posts by following us.  You will receive two to three monthly emails containing the most current post.  I do NOT send out advertising emails, and I do NOT sell your email address.  

Disclosure: This blog may contain affiliate links. If you decide to make a purchase from a relevant Google or Amazon ad, I'll make a small commission at no extra cost to you. It simply helps me keep this retirement blog operating.

If you are interested in learning more about common issues as we age, financial planning, Social Security, Medicare, where to retire, common medical issues as you age, travel and more, use the tabs or pull down menu at the top of the page to find links to hundreds of additional helpful articles.

You are reading from the blog:  http://www.baby-boomer-retirement.com

Moving to a Continuing Care Retirement Community

The Calligraphy CCRC in Napa, CA

"If you wait until you are sick, it will be too late." These were the words one of my daughters said as she stood behind me in the office of the Continuing Care Retirement Community I was visiting near her home.  She and her sisters had been of tremendous help while their father, my husband, was dying the year before, and they were afraid that eventually they would be in charge of taking care of me at the end of my life.  I know how difficult it was for them and I wanted to save them from having to go through that experience again.  

At the same time, my husband and I had been married for over 50 years before he died, and I had never made a major decision without being able to discuss it with him.  I worried that I might be making a bad financial decision, or doing something I would regret.  However, my daughters pointed out that I had been looking at a variety of CCRCs for years, even while my husband was alive.  I had simply never made the commitment to move into one.  As I wrote the check for the deposit, I realized I had finally made the decision.

If you are considering moving into a CCRC, either by yourself or as a couple, here are some things you should consider.

What is a CCRC?

A Continuing Care Retirement Community, or CCRC, is designed to give senior citizens confidence that they will have a home where they will be cared for until the end of their life, whether they become frail, or develop dementia, cancer or any other serious health condition.  Meals and housekeeping are generally provided, as well as a variety of age appropriate activities.  They usually have staff on hand to assist you if you fall or need to be taken to a hospital.  It is NOT the same as a skilled nursing home.  While living in a CCRC, you may go into a nursing home to rehabilitate from a serious health situation, such as heart surgery. However, once you are able, you can return to your own apartment in your CCRC where they will provide follow-up care, such as bringing meals to your apartment and checking to make sure you are OK.

Preparing to Move into a CCRC

How do you get ready to move into a CCRC? First, as my daughter pointed out, you want to make the decision while you are still healthy enough to handle the stress and experience of going through a move.  As my daughter said, if you wait until you are very sick, it will be too hard for you to do everything necessary.

The first thing you will need to do is to downsize the number of possessions you plan to take with you.  In most cases, you will be moving into an apartment or cottage that is much smaller than your current home.  

I did this by giving away and selling most of my furniture, which was too large for my new apartment.  I kept my nightstands and bedroom dresser, but not my king size bed.  I gave my formal dining furniture to a daughter.  I also gave away my large sofa and matching love seat.  In addition, I donated or gave to adult grandchildren nearly all my kitchen supplies.

What did I keep?  I kept the things which meant the most to me.  I kept my clothing, bathroom supplies, books, photo albums, favorite artwork, my digital Aura frame, family photos, and a few favorite antiques and items of furniture that would help me put a personal stamp on my new home.  In addition, I purchased a queen size bed and a couple of lift recliners, which would be helpful after the knee surgery I expect to get in the near future. 

Moving into Your CCRC

Despite the dozens of items, and hundreds of pounds of belongings which I gave away, I was overwhelmed by the number of boxes I had when I moved into my new apartment.  Even though I thought I had given away everything which I did not need, I quickly discovered that I still had more than I needed. At the suggestion of the move-in assistant at my new community, I hired a woman who helped me unpack and find a place for most of my possessions. This kept me from becoming depressed at all I needed to do.

I also made a number of trips to the dumpster after I moved into my new retirement community.  It would have been better to downsize even more before my move.

If I have one recommendation, it is to be brutal about getting rid of things before you move.  You will not need very much in your new home.  For example, I love yoga and brought along three yoga mats. However, I discovered that the community has plenty of nice yoga mats which I could use.  I gave away two, and still kept one of my yoga mats, but certainly did not need to keep all of them.

Adjusting to Life in a CCRC

After I got my possessions unpacked, I realized there would be an adjustment period.  I missed my old friends in the community where I had lived before.  I had trouble remembering the names of the other 150+ residents in my new community.  I was unsure what to do, where to sit at dinner, and which activities to join. In general, I felt insecure, like a new kid at school. This is normal, but still a very uncomfortable feeling.

Fortunately, I soon met another new woman, and we began to eat dinner together and invite other people to join us.  This made it easier to get to know the other residents.  However, we had to initiate meeting other people, although everyone was friendly and kind when we approached them. We decided that the two of us would sit down in the evenings at a table set for six, and then ask other people to sit with us.

I have also found it is helpful to participate in as many activities as possible.  In just the first few weeks of living here, I have gone to art and exercise classes, made a wreath for my door, played Bingo, listened to live music in the main lobby, and joined a trivia game. I also plan to go on some of the excursions which are being organized by the community and will probably join the book club.

Be Patient After You Move

It is important to be patient after you move into a Continuing Care Retirement Community.  It may feel quiet and a little lonely, at first, until you get into the swing of things.  It will take time to meet other people and decide which activities you enjoy. You will be rebuilding your life in a new community, with new people, and it will take time to adjust.  

I have to admit I have had my moments of panic, when I wanted to reverse course and move back to the community where I lived before moving here.  However, I know how much that would hurt and worry my daughters.

Do Not Wait Until You are Frail

Some people wait until they are already frail before they move to a CCRC.  They may be on chemotherapy after a cancer diagnosis, or they could have advanced Parkinson's disease, suffering from Alzheimer's, or experiencing other severe medical problems. 

If you wait until that point, it will be difficult for you to participate in planning your move and deciding what you want to bring with you. It will also be more difficult for you to make friends and become active in the new community. You could end up going directly into a skilled nursing home, rather than choosing a comfortable CCRC.  It is better to move into a CCRC while you feel somewhat healthy and you are able to make new friends and participate in the activities which are offered.

If you follow these suggestions, you are likely to have a very pleasant experience and enjoy your new home.  Remember, you can still stay in touch with your old friends and, if you choose a CCRC near your family, you will be able to see them, too. The loneliness and awkwardness will eventually go away.

You can support this blog by checking out Deborah Dian's video reviews of Amazon products (Ad) in her Amazon storefront.  You'll find hundreds of favorite health and cosmetic products, children's toys, clothing items, books, jewelry, groceries and gifts.  Check out these personal product reviews, watch the ones that interest you, and safely buy the items you like directly through Amazon! 

Here's the link:

https://www.amazon.com/shop/deborahdian-favoriteproductsvideosandblogs

Enjoyed this post? Never miss out on future posts by following us.  You will receive two to three monthly emails containing the most current post.  I do NOT send out advertising emails, and I do NOT sell your email address.  

Disclosure: This blog may contain affiliate links. If you decide to make a purchase from a relevant Google or Amazon ad, I'll make a small commission at no extra cost to you. It simply helps me keep this retirement blog operating.

If you are interested in learning more about common issues as we age, financial planning, Social Security, Medicare, where to retire, common medical issues as you age, travel and more, use the tabs or pull down menu at the top of the page to find links to hundreds of additional helpful articles.

You are reading from the blog:  http://www.baby-boomer-retirement.com

5 Mistakes Business Owners Should Avoid When Retiring

Retiring from the business which you have owned and guided for several years is no small task. It requires careful planning, forward thinking, and often some tough decisions. 

Although the process can be overwhelming, it’s also crucial to avoid blunders that can make this process even more difficult. If you’re ready to make this significant transition in your life, here are five mistakes business owners should avoid when retiring. 

Having No Retirement or Succession Plan

One major misstep you should avoid is not having a solid retirement or succession plan in place. Without a clear strategy, you risk leaving your business in chaos and jeopardizing your financial future.

A retirement plan outlines your personal financial needs, while a succession plan ensures your company will continue to operate smoothly under new leadership. Start planning early to avoid unnecessary stress down the road.

Presuming Your Kids Want the Company

It’s easy for business owners to think their children will want to take over the family business. However, this presumption can lead to hurt feelings or unmet expectations when kids have different career aspirations. 

Before making any long-term decisions, have an honest conversation with your children about their plans and interests. Knowing their intentions will help you decide whether to seek an external buyer or explore other leadership options.

Shutting the Business Down

Another mistake business owners should avoid when retiring is shutting down their companies. Your business likely represents years of hard work, and closing it may not provide the best return on your investment. 

Instead, explore alternatives like selling it, merging with another company, or transitioning it to a new owner. These options can help preserve the legacy you’ve built, while easing your financial burden. You may even be able to structure a sale which allows you to have an ongoing income for years in the future, either because the new owners are making payments to you, or because you are receiving a salary as a consultant.

Not Knowing Your Business’s Worth

You should also avoid selling your business without knowing its actual value. Doing so may cause you to undervalue it during negotiations, leaving money on the table, or overprice it, which can discourage potential buyers. 

Instead, make sure you have an idea of its worth before you start this process. People have often found the use of a business valuation calculator to be beneficial since it can give them an initial sense of a price before seeking out the assistance of a business broker.

Using the Sale for Their Retirement

Some business owners rely entirely on selling their companies to fund their retirements. Although this plan may seem logical, this strategy comes with significant risks. 

The market might not deliver the price you expect, or buyers may not materialize quickly. Instead, diversify your retirement savings with a combination of personal investments and savings plans to avoid putting all your eggs in one basket. The sale of your business should be just one part of your retirement plans.

 By avoiding these common mistakes, you’ll protect both your financial future and the company you have worked so hard to build. Take the time to plan thoughtfully and leave your business in a strong position, ensuring a rewarding retirement for years to come.

Post and Photo credit: Logical Positions

Support this blog by checking out Deborah Dian's video reviews of Amazon products (Ad) in her Amazon storefront.  You'll find hundreds of favorite health and cosmetic products, children's toys, clothing items, books, jewelry, groceries and gifts.  Check out these personal product reviews, watch the ones that interest you, and safely buy the items you like directly through Amazon! 

Here's the link:

https://www.amazon.com/shop/deborahdian-favoriteproductsvideosandblogs

Enjoyed this post? Never miss out on future posts by following us.  You will receive two to three monthly emails containing the most current post.  I do NOT send out advertising emails, and I do NOT sell your email address.  

Disclosure: This blog may contain affiliate links. If you decide to make a purchase from a relevant Google or Amazon ad, I'll make a small commission at no extra cost to you. It simply helps me keep this retirement blog operating.

If you are interested in learning more about common issues as we age, financial planning, Social Security, Medicare, where to retire, common medical issues as you age, travel and more, use the tabs or pull down menu at the top of the page to find links to hundreds of additional helpful articles.

You are reading from the blog:  http://www.baby-boomer-retirement.com

Outdoor Activities Can Improve Your Health After Age 55

You can boost your heart health, strengthen your bones, and lift your mood with easy outdoor activities which are perfect for adults 55 and older. Start feeling better today.

Getting older doesn’t mean slowing down. Many adults over 55 find that spending time outside makes them feel younger, stronger, and more active.

Being outdoors can do more than just lift your mood. It can improve your heart, bones, balance, and brain. This guide shows how outdoor activities can improve your health after 55 and gives easy ideas to start today.

Stronger Heart, One Step at a Time

Walking, hiking, or doing yard work outside gives your heart a workout. Moving your body makes your heart pump better and keeps your blood flowing.

Even a short 20-minute walk around the neighborhood can lower blood pressure and reduce the risk of heart problems. Simple outdoor movement can add years to your life and make each day feel better.

Sunshine and Movement Strengthen Bones

Time in the sun helps your body make vitamin D, which supports strong bones. Limit your direct sun exposure without sunscreen to about 20 minutes.  Gentle outdoor activities, such as gardening, walking, or light hiking, also work your muscles and bones. These small movements can build bone strength and lower the chance of injuries or falls.

Nature Lifts Mood and Lowers Stress

Spending time in nature can clear the mind and reduce stress. Parks, forests, rivers and other outdoor settings help people feel calmer and more at peace.

Just being outside in the fresh air and sunlight can brighten your day and lower anxiety. Nature can help you improve your mental health in ways indoor time can’t, whether sitting near a tree, walking a trail, or working in the garden.

Keep Your Mind Active Outside

Many outdoor activities make the brain work in new ways. Learning how to birdwatch, take nature photos, or use a map can help you keep your brain sharp. Being outside often means paying attention to your surroundings, noticing details, and remembering steps or directions. Depending on where you live, there are many beautiful parks, lakes and rivers to enjoy. Make outdoor activities part of your vacation plans. For example, if you are traveling to Idaho, Explore the Salmon River for a new challenge, beautiful views, and peaceful trails that offer fun and focus.

Better Balance and Flexibility Without the Gym

Walking on uneven ground, reaching for plants, or stepping over rocks builds balance and keeps the body flexible. These natural movements train the body in ways that are useful for daily life. Outdoor tasks often feel more fun and less like “exercise,” which makes them easier to stick with over time.

Take the First Step Toward Better Health

How outdoor activities can improve your health after 55 is something you can feel right away. You should start with something simple that fits your lifestyle, such as daily walks, easy gardening, or time at a local park.

No fancy gear, just stepping outside can lead to a stronger body, a sharper mind, and a brighter mood. Start small, stay active, and enjoy every step.

Post and Photo credit: Logical Positions

Support this blog by checking out Deborah Dian's video reviews of Amazon products (Ad) in her Amazon storefront.  You'll find hundreds of favorite health and cosmetic products, children's toys, clothing items, books, jewelry, groceries and gifts.  Check out these personal product reviews, watch the ones that interest you, and safely buy the items you like directly through Amazon! 

Here's the link:

https://www.amazon.com/shop/deborahdian-favoriteproductsvideosandblogs

Enjoyed this post? Never miss out on future posts by following us.  You will receive two to three monthly emails containing the most current post.  I do NOT send out advertising emails, and I do NOT sell your email address.  

Disclosure: This blog may contain affiliate links. If you decide to make a purchase from a relevant Google or Amazon ad, I'll make a small commission at no extra cost to you. It simply helps me keep this retirement blog operating.

If you are interested in learning more about common issues as we age, financial planning, Social Security, Medicare, where to retire, common medical issues as you age, travel and more, use the tabs or pull down menu at the top of the page to find links to hundreds of additional helpful articles.

You are reading from the blog:  http://www.baby-boomer-retirement.com