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Retirement
Man sits on bed in room surrounded by stuff, looking down. Sandy Huffaker/Getty Images for YOU Magazine

5 dead-simple rules to owning less ‘stuff’ in retirement. Finally cull your clutter in 2026 and beyond

Baby boomers across the country are increasingly staying put in their mostly empty family homes — some are even moving into bigger houses in retirement.

While many opt to stay in their big homes for a mix of sentimental and financial reasons, others may simply need the space to store all the “stuff” they’ve acquired over the years. But all that junk collecting dust in the garage could be taking a toll on your wellbeing — without you even realizing it.

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More than a third of Americans report feeling overwhelmed by clutter. Taking the time now to deal with the piles of cookbooks, old VHS tapes and even that one pantry full of expired canned goods could improve everything from your finances to your health.

Retire on your terms — we'll show you how.

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With that in mind, here are five rules to help you break the habit of accumulating frivolous stuff in your golden years and finally declutter your space.

1. Consider clutter a health risk (because it is)

Excessive clutter isn’t just bad home decor, it’s also a potential health hazard, especially for older Americans. From dust mites and mold to fire and fall hazards, too much stuff around the home can put your health and safety at risk, according to the Aging Life Association.

Meanwhile, a study published in the Innovation in Aging journal in 2023 reports roughly 32% of hoarders experienced a fall in the year prior, while 60% were worried about tripping over their clutter. If you suffer from any medical issues, such as bad eyesight or hip tendonitis, the clutter in your home could become a serious hazard.

Fall risks aside, nearly one-third of participants in the same study noted they’re also dealing with at least one health hazard like mold or an insect infestation in their homes. Their overall wellbeing was also impacted, with 43% experiencing low physical functioning and 50% reporting a high degree of loneliness.

With all this in mind, decluttering and limiting purchases can be a very safe and healthy practice in retirement.

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2. Follow the ‘one in, one out’ rule

This rule, which limits any new purchases until similar items are offloaded from your inventory, is a simple and effective way to combat clutter. Any new kitchen gadgets, coats or hobby items must earn their way into your home by removing one comparable item from your clutter.

The goal is not minimalism; it’s about maintaining a stable inventory of items in the home. Following this rule diligently should help you overcome many of the emotions involved in making impulse purchase decisions.

If the idea of having to lug boxes down to your local donation center sounds daunting, there are plenty of charities you can call to come pick up your castaways for free. Knowing your old clutter will help fund a cause you care about doesn’t hurt either.

3. Don’t pay storage fees

Many families buy so much stuff that they end up needing to rent extra space to store it all.

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According to an annual survey from StorageCafe, nearly one in four Americans use self storage, with another 28% planning to do so in the future. Older Americans are particularly attracted to this trend, with 32% of baby boomers currently renting self storage units and 45% with plans to do so in the future.

This can be an expensive practice, given that a typical storage unit will run you $137 a month. However, you can save money by not just avoiding self storage, but actively selling old, unused items.

In an interview with Yahoo Finance, Jamie Iannone — CEO of EBay — said the typical U.S. household is sitting on roughly $3,000 to $4,000 worth of unused stuff that could be sold online. Simply put, listing that old coffee table online could be more financial savvy than keeping it in a storage locker.

4. Replace ownership with access and convenience

Another rule that can help you limit purchases is to avoid buying what you can rent.

For example, selling your old car and relying on ride-sharing services could also be a good financial move in retirement. After all, why spend money on parking, insurance, maintenance and potentially storage fees when you don’t have to commute to work every day?

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These days, you can even use an app to share boats in your area.

Your local public library could also be a great resource for borrowing everything from books, movies and music to tools. Public libraries also offer patrons free access to the internet, computer stations and even a whole host of clubs and classes.

So, next time you’re considering a new purchase, check if renting or borrowing that item could be a better option.

5. Digitize your documents

Paper clutter deserves special treatment because it can grow quietly over time, and keeping paper documents can feel like a responsible decision.

Manuals, bank statements, medical explanations of benefits and old tax returns often survive multiple decluttering efforts because that signals diligence. But in reality, these documents impose a real cost.

The next time you’re looking for a legal document that you really need, it’s probably going to be hidden under a pile of useless invoices and coupons. A simple rule to digitize all of your important documents and store them on your computer or in the cloud is more practical, cost-effective and secure.

— with files from Sigrid Forberg

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Vishesh Raisinghani Freelance Writer

Vishesh Raisinghani is a financial journalist covering personal finance, investing and the global economy. He's also the founder of Sharpe Ascension Inc., a content marketing agency focused on investment firms. His work has appeared in Moneywise, Yahoo Finance!, Motley Fool, Seeking Alpha, Mergers & Acquisitions Magazine and Piggybank.

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