Are You Getting Rid Of Belongings As You Retire?
Did you ever think the years would go by so rapidly now that you are facing the retirement stage of your life? You more than likely have very mixed feelings about the passage of time. On one hand, you might be sad to be leaving your professional life. On the other hand, you are probably excited to call your time your own knowing that you can do things like traveling to places you've always wanted to see. If you are simplifying your life by moving into a smaller home, that more than likely also means that you'll be getting rid of some of your belongings. From selling your classic car to giving furniture to your adult children, here are some ideas that might help.
Selling Your Classic Car - While your classic car might be in perfect running condition, you might have come to the realization that you no longer use it. It might even make you sad to see it just sitting in the garage. And, wouldn't it be nice to have the cash from the sale of your classic car to use on that traveling you want to do? Before you put the classic car out there to sell, make sure that none of your grown kids don't want to buy it. Even if it takes time to pay the car off, one of your children might want to keep it in the family.
If nobody in your family is interested in buying the car, decide how you want to sell it. Do you want it sold at auction, at a dealership that specializes in the sale of vintage cars or at a trading site? No matter the method, set your price first and figure out ahead of time what your lowest price is. Consider selecting a buyer who will pick the car up free of charge. And, before you say goodbye to your classic car, make sure you have a good picture of it. That picture can be framed as a reminder of the fun you had in it.
Getting Rid Of Furniture - Your adult children will more than likely be thrilled to take some of your furniture pieces. For example, they may not have the space for your large dining room table, but they will probably be happy to have the dining room chairs. Think of dividing those chairs up between your kids, or even for your grandkids. Maybe your daughter now has a baby of her own. In that case, wouldn't it be great for her to have the rocking chair that you used to hold her when she was a baby herself? Think of asking your children which pieces they would like to have. After those choices have been made, and after you have determined what you will take with you to your new residence, consider giving the other pieces to a charity of your choice.
