There are many motivating factors behind downsizing to a smaller property. Some older adults find that they simply have too much space once their kids have moved out, whilst others find that maintaining a large property is simply too time-consuming and expensive. Is It A Good Idea To Downsize Your Home? This is very much a decision for the individual. However, many people find that they have more money to spend on their family, hobbies, or an early retirement after downsizing. When Is The Right Time To Downsize Your Home? Downsizing tends to be a smart move for older adults who no longer have caring commitments for young people or are hoping to cut down their working hours. This is not always the case, however, and some younger people often find that downsizing helps them to follow a new career path.