21 www. BoomersResourceGuide .com Boomers Resource Guide • Winter/Spring 2017-18 21 The objective of this article is to help make your decision to down- size easier and reduce the stress as- sociated with the process. I achieve this objective by first identifying the obstacles people face when down- sizing. I then illustrate the six tasks needed to overcome these obstacles. Obstacles to Downsizing: The Seniors Real Estate Spe- cialist Council has identified eleven obstacles people face when consid- ering whether to downsize or not. 1. Fear of change and loss of fa- miliar routines that define and give meaning to daily life. 2. Fear of loss of independence, control, and privacy, or a fear of abandonment. 3. Fear of making a wrong and irrevocable decision. 4. Emotional attachment to a home or place. Adult children may be more sentimentally attached than their parents and resistant to breaking up a family home. 5. Holding on to a property for the heirs to inherit. 6. Deferred maintenance or debt on home. 7. Physical and/or cognitive impairments. Downsizing You Need a Written Plan 8. Feelings of melancholy with realization that move could be viewed as last living situation and remaining time is short. 9. Overwhelmed by the tasks involved with selling and moving. 10. Lack of family or support network to assist. 11. Belief that remaining in exist- ing home is “living for free.” Does not take into account all the actual expenses associated with current home. The Six-Task Downsizing Pro- cess: (adapted from the SRES Designation Manual page 78) The order in which each task should be completed depends on the needs of the person or couple who is downsizing and is determined at the initial goal setting stage. Task One: SetWritten Goals with a Timeline. • Process usually takes 2 to 3 months. • Begin early. • Where will you be moving? Smaller home, LTC facility, assisted living, independent living, etc.