The Upside of Downsizing Conference Offers Financial Freedom to All
I recently had an opportunity to sit down with Mary Spann founder and president of regarding her upcoming educational conference to be held in Portland on November 19th.
As an Oregon real estate agent, I meet with many clients who are considering selling their larger homes to take advantage of the benefits of a smaller home such as:
Lower Mortgage Payment – Sell a larger home and buy a smaller home outright with no mortgage payment. Even if you can’t get that kind of money out of your present home, you can still decrease your monthly payment and free up more of your finances for other things you want to do.
Lower Utility Bills – Smaller homes require less energy for heating and cooling—the number one utility bill for most homeowners.
Less Maintenance – When you own a home, there’s always something to do. However, smaller homes end up with smaller projects, freeing up more of your time for the things that matter most to you.
Juggling family responsibilities has become a common burden of the . “Sandwiched” between raising their own children while also caring for their aging parents, this group of middle-aged adults is facing mounting financial pressure associated with caring for multiple generations. According to the Pew Research Center, one out of every seven middle-aged adults is providing financial support to both an aging parent and a child. Aging parents who insist on aging in place in their current home—even when the home no longer fits their needs—can increase the stress of caring for an aging parent significantly.
Mary and Jerry Spann recognize the difficulties faced by the sandwich generation, which is why the duo offers practical as part of their Upside of Downsizing conference. The conference focuses on the topic of downsizing, which has become a popular concept for seniors and boomers who no longer want to be tied down to the financial, emotional, or physical burdens of owning a large home. The Portland conference represents the 40th event across Oregon and Washington over the last five years.
More Time and Money for What You Want to Do
Have you wanted to travel the world but find yourself tied to paying for and constantly repairing a large home? Is all of your weekend time tied up in yard work or cleaning rather than enjoying time with your family or working on hobbies? Downsizing can help you to have the financial freedom to do the things you want to do with your time and money.
Even if you aren’t into traveling and hobbies, you are probably concerned about saving for retirement and paying off debts. Lower monthly payments can allow you to put more money into savings.
The conference provides a central location for seeking advice from local professionals in the real estate and senior care industries who are able to answer questions and provide support through every step of the downsizing process. Conference attendees will also learn about the powerful benefits of downsizing, when and where to begin the process, and the six-step checklist to downsizing successfully.
Who the Upside of Downsizing Conference Is For
Downsizing isn’t just for seniors and boomers. The fact is, this is something my husband and I have been discussing a lot lately. With the current Oregon Seller’s market, we see many benefits to selling and downsizing including, more time and money to do the things we keep putting off. You don’t have to be ready to find a new place right away. Even homeowners who are willing to rent for a time while deciding where to settle in or retire may benefit.
The primary target audience for this conference will break down into a couple of categories:
Seniors – Caring for a large home isn’t how you want to spend your golden years. Free yourself up to travel and to pursue the things you’ve always wanted to do but never had the time for.
Boomers – Do you still have kids at home and aging parents who need more care? Selling the old family home and moving your parents closer to you may help you to provide better care. Spend time with your aging parents when you visit rather than just working on their home. It’s a win-win for you and them.
The next Upside of Downsizing conference will be held from 9:30 a.m. to 3 p.m. on Nov. 19 at the Holiday Inn Conference Center, 8439 NE Columbia Blvd., Portland. Ticket prices are $25 per person through Nov. 5 and $35 per person beginning Nov. 6. Ticket prices include all event materials and lunch. Parking is complimentary.
For reservations, visit UpsideofDownsizing.com or call 503-208-9421.
And, if you are ready to downsize, contact me! I have a great deal of experience in helping my clients to enjoy the benefits of reducing a mortgage payment and getting into a more manageable home and life.
Michelle Johnson is the publisher of Oregon Lifestyle & Home Magazine and a licensed Oregon Realtor with Park Place Real Estate. Michelle combines skill, experience, reputation, deep market knowledge, and marketing know-how, to create an unparalleled customer experience in everything she does.
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