Downsizing in Australia - Mark O'Shea | Page 21

Dean Lupson CHAPTER 2: The Power of a plan! Downsizing can take as little as three months, or it can take as long as three years. However long it takes, it requires a plan and the plan will depend on a number of personal circumstances. So, let’s list the main topics and discuss them one by one. Planning consists of: • Discussing the plan with your spouse or partner—or, if single, family and friends • Communicating with immediate family members (if required) • Understanding your financial situation 021