Making the Most Out of Your Retirement on a Budget

Rooms Available Now Womens Housing! Looking for a safe, stable, and supportive place to call home? We have immediate openings for women who are ready to move into a welcoming environment tailored to their needs. Affordable Options: Shared Room: $850/month Private Room: $900/month One-Time Move-In Fee: $75 We Proudly Welcome: Female Veterans SSI/SSDI Recipients Retirees Students & Teachers (18+) Whether you're transitioning, downsizing, or simply seeking a secure and peaceful living space, we're here for you. Whats Included: All Utilities Wi-Fi A Clean, Comfortable Environment Community Support and Respect Ready to Move In? Lets Talk!Call or text us today to reserve your spot: (239) 688-4815 or (239) 785-3315 Stay Connected:Facebook: https://www.facebook.com/onasolutionsllc/Instagram: https://www.instagram.com/onasolutionsllc2024/LinkedIn: https://www.linkedin.com/company/ona-solutions-llc/ Website: www.onasolutionsllc.com

A Place You Can Truly Call Home At Ona Solutions, we understand how important it is for women to feel safe, supported, and comfortableespecially when it comes to housing. Thats why weve created a secure, affordable living environment where peace of mind comes standard.Whether youre a female Veteran, a retiree, a student, or receiving SSI/SSDI, you deserve a place that feels like home. At Ona Solutions, we offer just thatwith flexible, all-inclusive options designed with you in mind. Affordable Monthly Rates: Shared Room: $850/month Private Room: $900/month One-Time Move-In Fee: $75 Our Residents Include: Female Veterans Retirees SSI/SSDI Recipients Female Students & Teachers All-Inclusive Living: Free Wi-Fi Utilities Included No surprise bills, just simple, comfortable living.Here, safety meets serenityso you can focus on what matters most. Whether you're transitioning, settling down, or simply looking for a supportive space, Ona Solutions is here for you. Contact Us Today to Learn More or Schedule a Tour: (239) 688-4815 | (239) 785-3315 Stay Connected:Facebook: https://www.facebook.com/onasolutionsllc/Instagram: https://www.instagram.com/onasolutionsllc2024/LinkedIn: https://www.linkedin.com/company/ona-solutions-llc/ Website: www.onasolutionsllc.com

As we get older, life naturally starts to feel a bit different. What once felt like the perfect family home can start to feel like a LOT of work. Cleaning empty bedrooms, climbing stairs, keeping up the yardsometimes it all adds up to more stress than comfort.If youve been thinking, Do I really need all this space?youre not alone. More and more older adults across the country, including here in the DallasFort Worth (DFW) area, are choosing to downsize (or as we like to say, rightsize) to something that better fits their current lifestyle. In fact, a 2024 report by the North Texas Real Estate Information Systems (NTREIS) showed that DFW homeowners aged 60+ accounted for nearly 1 in 4 home sales, many of whom were selling larger homes to move into smaller, more manageable properties or senior living communities. Whether it's relocating to a smaller home, a condo, or a retirement community, the decision can lead to less upkeep, more freedom, and a boost to your financesespecially in todays housing market. But with interest rates, housing prices, and inflation all playing a part, how do you know whats right for you?Lets break it down.Whats Happening with Interest Rates in 2025?As of April 2025, interest rates are still relatively high, with the average 30-year mortgage hovering around 6.7%7%. That might seem like a reason to waitbut for seniors who are selling a large, mortgage-free home, downsizing still makes strong financial sense.Why? Because many retirees are cash buyersmeaning you may not need a mortgage at all when purchasing a smaller home, condo, or moving into a retirement community.You can sell your current home (often at a high price, since real estate values have remained strong in many parts of the country) and use the equity to pay outright for a smaller propertyor invest it for future needs.Whats the Smarter Move: Smaller Home or Retirement Community?Before you start packing boxes or browsing condo listings, take a moment to reflect. Ask yourself: Do I want to cut monthly costs and free up some equity? Do I crave more social opportunities, built-in amenities, and less responsibility when it comes to maintaining a home?If you're nodding yes, downsizing may be the right next step. But the type of move depends on your lifestyle: A smaller home or condo may be perfect if you still want independence, privacy, and flexibility. A senior or retirement community is ideal if you value connection, convenience, and amenities like fitness classes, dining services, and on-site healthcare. Lets Talk Numbers: Is Downsizing Worth It?Heres a snapshot of the financial perks of downsizing in todays market:Lower Monthly Costs Housing payments: Based on a 2024 study from StorageCafe.com, downsizing from a 4-bedroom to a 2-bedroom home can save up to $200,000$500,000 depending on your location. Utilities: Smaller spaces mean lower bills. According to a survey conducted by Texas-based pre-paid electric company, Payless Power, nearly 20% of Americans downsize to cut energy costs. Property taxes & insurance: Historically, both of these usually decrease with a smaller, lower-valued home. Unlocking Equity Selling your current home can free up hundreds of thousands of dollars in equity. That money can be used to: Invest in income-generating accounts or annuities Pay for healthcare, travel, or family support Cover future long-term care or in-home support services Lower Maintenance = Less Stress Repairs, yard work, and home maintenance costs all shrink with smaller properties or move-in-ready communities. If you move into a retirement community, things like snow shoveling, lawn care, and even housekeeping may be included. But What About the Costs of Moving?Its a great question. Moving can come with its own expensesbut many of those are one-time costs, and theyre often far outweighed by long-term savings and improved quality of life.Partnering with a senior relocation company like WellRive takes the stress out of downsizing by handling every detaildecluttering, packing, staging, coordinating the home sale, and getting you comfortably settled into your new space. Having dedicated, experienced support during a major life transition isnt just helpfulits truly invaluable.Lets Make This Your Best Move YetDownsizing isnt about giving upits about gaining more. More time, more freedom, and more peace of mind when it comes to your finances. Whether you're exploring smaller homes or considering a senior community, were here to support you. Contact WellRive today at 469-526-4201 and discover how downsizing can open up a wealth of possibilities!