Discover downsizing to unlock adventure
Date Posted: October 5, 2020
Starting to plan your future, and wondering how you can maximise the opportunity to see the world, unlock adventures and enjoy the lifestyle you deserve? Downsizing could be the opportunity you’ve been searching for!
Keep reading to discover 5 ways downsizing to a land lease community can help you live your dreams:
1. More cash, more adventures
Feeling ready to finally tick things off your bucket list, but need more money to do so?
Downsizing to a more affordable home can help you free up a significant amount of cash to fund your adventures.
An “asset rich” approach to retirement may no longer be sustainable or provide an income stream that is financially viable, and so freeing up equity by downsizing could be the best option for you (and your travel plans!). The proceeds from your existing home can then be used to pay cash for your new home, pay off debts, supplement your retirement income, boost your super, or more excitingly, make your dream holiday a reality.
2. More time, more travel
Downsizing to a smaller, low-maintenance home means less time fixing and cleaning up, and more time doing the things you love – like travelling! You’ll not only experience lower living costs, but you’ll eliminate the time and stress that comes with tending to a larger home and garden.
Downsizing also encourages you to declutter, reassess the things you need and take with you only the things that bring you joy. With less time spent on cleaning and maintaining your home, you’ll be surprised by how much more time you’ll have to do the things you love.
3. Better security, longer holidays
Downsizing to a secure community means you can lock-up and leave for a worry-free holiday. Many neighbourhoods no longer have that sense of community that made us feel connected and safe in the past, but luckily downsizing communities provide all the benefits of living in a secure environment.
Land lease communities typically feature gated entries, live-in managers and community-minded homeowners who will keep an eye on things when you’re away, offering you greater peace of mind, and eliminating the need to cut your holidays short for fear of your home’s safety and security.
This is especially reassuring if you’ve caught the travel bug and enjoy jet-setting or road-tripping throughout the year, or if you’re keen to embark on longer adventures.
4. Resort-style amenities, resort-style living
When you make the move to a downsizing community, you’ll enjoy holiday vibes and resort-style amenities 365 days of the year. Land lease communities often feature a range of premium and luxury amenities for homeowners to enjoy all year round.
Depending on the community you choose, you can enjoy access to your very own:
- Homeowners clubhouse
- Indoor pool and spa
- Wellness centre
- Tennis court
- Bocce or croquet lawn
- Bowling green
- Craft and art studio
- Function space
- Some communities even have fishing boats!
This means you’ll only need to step outside your front door to feel like you’re on vacation.
5.Reduced living costs, greater travelling fund
Did you know that many land lease communities offer discounted electricity and insurance options? This means you can reduce your everyday costs and start adding to your travel fund!
Downsizing to a newer, smaller home can also mean:
- Lower power bills because you won’t have to use as much energy to heat and cool your home;
- Less money going towards repairs and maintenance;
- Lower household insurance costs because you live in a secure environment;
- And some downsizing options such as land lease communities eliminate council rates, meaning you get to keep more money in your pocket (or in the travel fund jar!)
If you’re ready to start discovering all the possibilities that downsizing has to offer, check out these fantastic communities.