The upside to downsizing will be the focus of a free seminar hosted by the Sovereign Hills master planned community in Port Macquarie this month.
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Whether you're considering downsizing your home or just curious about the process, you're invited to the Port Macquarie Golf Club on Wednesday July 31 at 5:30pm as guest speakers discuss the ins and outs of this often momentous step.
Learn how to plan your new home and finances and how to live your best life at any age as the seminar hears from Morgans Financial Limited, the Posify Group, the Sovereign Hills Display Village and Sovereign Hills' Land Sales Manager Luke Moreta.
"While we're home to families of all ages at Sovereign Hills, we're welcoming an increasing number of people seeking out our community later in life with a desire to build a new home on a level, low-maintenance block at an achievable price in a fantastic location," said Luke Moreta.
"Our town centre development opening in November will provide a new level of convenience within walking distance or a short drive, via our internal link road, which is also proving a big drawcard."
Morgans Financial Limited will provide insight into the current retirement landscape and designing your finances for the next stage of your life.
"A financial plan for retirement is critical - it ensures you'll have the financial stability to be able to enjoy the things you want to do, and also be prepared for any uncertainties that may come along," said financial planner Suzie Barnaby.
"Downsizing can be an effective strategy for those approaching, or in retirement, to move a greater portion of their wealth into a concessionally taxed environment and to potentially provide more income to optimise their lifestyle in retirement."
The Port Macquarie-based Posify Group will explain how life transitions can provide new opportunities.
"One of the most significant transitions you might ever make involves moving home," said Posify's Jenna Connell.
"And the longer you've lived somewhere, the harder that move can be. Yet transitions also present a time of opportunity, as we celebrate the closing of one chapter and welcome the opening of another.
"Positive psychology and its study of human flourishing shares so many simple and powerful strategies. With a little practise, we can each learn how to ensure periods of change provide opportunity for meaningful growth."
Then there are the logistics of planning your new home.
Fortunately, Sovereign Hills is home to the Sovereign Hills Display Village which features 11 award-winning builders and experienced new home consultants equipped with the tools to assist.
Contact the Sovereign Hills Land Sales Centre on (02) 6581 1711 or sales@sovereignhills.com.au