Forget downsizing, it’s time to start rightsizing in retirement: new My Future Living guide offers top tips on making the move

A growing number of older people are rethinking the traditional concept of “downsizing” and instead discovering the more empowering approach of “rightsizing”. My Future Living’s latest guide showcases how choosing a home that better suits evolving needs can unlock financial advantages, greater convenience and improved wellbeing.

The UK’s population is aging, and many older people are finding that large family homes no longer fit their lifestyle. Maintaining a large home, managing gardens, climbing stairs and meeting rising household costs can become increasingly challenging.

Research from Age UK found that over one in four pensioners (28%) are financially struggling, with energy costs the biggest pressure in 2026[i]; while falls are a concern with one in three people aged 65 and over experiencing at least one fall each year. For people aged over 80 this rises to one in two people[ii].

My Future Living says rightsizing is about finding a home that offers greater comfort, independence and flexibility, rather than simply moving somewhere smaller.

Joanne Couch, Director of Finance and Operations at My Future Living, said: “Rightsizing isn’t about giving something up; it’s about finding a home and lifestyle that better reflects the way you want to live today. For many people, that means less time worrying about maintenance and household costs, and more time enjoying retirement, spending time with family and friends, and becoming part of a welcoming community.”

The retirement rental provider says renting in a retirement community can be particularly attractive for people looking to rightsize. It offers predictable monthly costs, fewer maintenance responsibilities and the freedom to choose a home designed for later life without the long-term commitment of home ownership.

Purpose-built retirement developments also provide features that make day-to-day living easier, safer and more enjoyable, including accessible apartments, 24-hour Careline systems in every apartment, communal lounges, shared gardens and friendly communities where residents can enjoy company when they choose while maintaining their independence.

Among those to have made the move are Paul Jones, 68, and his wife Lindsey, 63, who decided to leave their rented Victorian house after rising living costs and the demands of maintaining the property became too much.

“The cost-of-living crisis was pushing our rent up and the house upkeep was getting too much, especially after I had Covid-19 which has left me with weaker lungs,” Paul said. “We decided it was time to find a home that was cheaper and easier to manage.”

Since moving into a retirement apartment, the couple say they have significantly reduced their household costs. Their energy-efficient home has lowered their utility bills, while secure parking has even reduced their car insurance premiums. The move has also transformed their lifestyle.

“We have less cleaning and gardening to worry about, so we have more time for walks, fishing, socialising and exploring,” Paul said. “Being part of the community has been wonderful. There are tea parties, bingo nights and coach trips, and having people around for a cup of tea when Lindsey’s at work is perfect.”

Looking back, he says the couple have no regrets. “It’s worked brilliantly for us. We love our new life, the community and the freedom it brings. Don’t be afraid to rightsize – the benefits far outweigh the challenges.”

The company’s new guide, The Ultimate Guide to Rightsizing in Later Life, offers practical advice for anyone considering a move, from deciding when the time is right to choosing the right location and preparing for a successful transition.

For more information visit: www.myfutureliving.co.uk.