downsizing
Rightsizing is a holistic term used to describe changing one’s home to suit a particular individual or family at a particular point in time, and it can include downsizing, multigenerational living, and adding an accessory dwelling unit (ADU)
Imagine that you are terminated from your job. You're in your 60s. You know that it's going to be hard to find new work. You consider filing an age-discrimination complaint.
If you're looking to downsize or move closer to your grandchildren, now may be the time.
Are the majority of older adults hoarders? Not quite. Yet many do feel burdened by the amount of stuff they own, and it can be a major hindrance when it comes to downsizing.