Lesley Sikorski of Berwick Communities recently spoke with Melanie Murray, founder of NextStep Advisory Solutions, about what individuals and families should consider when downsizing and preparing for retirement living.
With more than 20 years of experience in commercial banking and real estate – along with a personal understanding of the emotional challenges involved – Murray brings both expertise and empathy to the process. After helping her own parents transition from the family home, she recognized a gap in the support available to those facing similar decisions. Today, she guides others through major life changes with clarity, confidence and compassion.
In their conversation, Murray offered thoughtful advice on the benefits of planning ahead and shared strategies to help individuals and families approach this next chapter with greater confidence and peace of mind.
Embracing the next chapter with confidence
Q: Why is now the right time to start thinking about retirement living?
A: With the oldest baby boomers turning 80 this year, demand for retirement living is set to rise. Planning ahead allows individuals to make thoughtful choices while they still have the freedom and clarity to shape what’s next.
Q: What about those unsure whether now is a good time to sell?
A: Despite global uncertainty, the Island market remains steady. Nanaimo single family home sales are up year over year in May 2025 with active listings up 7 per cent.
Q: What are the risks of waiting too long?
A: As more people begin to downsize, we could see a rise in inventory and softer home prices. Moving sooner rather than later ensures access to top housing options and stronger market conditions.
Q: You mentioned a ‘smart timing advantage.’ What does that mean?
A: We’re in a demographic window where demand is about to outpace supply. Quality retirement communities are limited, and many offer the ability to age in place – transitioning smoothly from independent living to supportive care if needed. Acting now offers better choices in layout, location and lifestyle.
Q: Can you share an example of someone who made the move early?
A: One client, a 76-year-old widow, found her house increasingly difficult to manage. Rather than waiting for a crisis, she chose to move on her own terms. Now she’s thriving in a vibrant community, surrounded by new friends, and living with peace of mind knowing her future is secure.
Q: Some people still associate retirement living with outdated stereotypes. What’s it really like today?
A: Today’s retirement communities are nothing like the institutions of the past. They’re designed for wellness and connection, with welcoming spaces, gardens, fitness classes, lounges and enriching activities – from meditation to art workshops.
Q: How important is community in all of this?
A: Community is everything. It supports independence, offers connection and creates a sense of belonging. Residents have access to caring staff, great food, wellness services and a full social calendar.
Q: What about affordability?
A: When you factor in groceries, utilities, home maintenance and transportation, many people are surprised to find that retirement living can be an affordable – and often more manageable – option.
Q: Any final thoughts for those still undecided?
A: Don’t wait for a crisis to make your move. Choose while you still have options. Retirement living is about freedom, vitality and purpose – a fresh chapter where you’re in the driver’s seat, writing the story your way.
Looking for more tools to help guide your decision? Visit the Berwick Journey section at berwickretirement.com/blog and download the free e-book, filled with practical resources and information.
To schedule a visit to Berwick on the Lake – one of Vancouver Island’s premier retirement communities – contact Kristine or Judi at 250-729-3102.
With only a select few lakeside and garden suites remaining at Berwick on the Lake, now is the ideal time to explore your next step in lakeside retirement living. To learn more visit berwickretirement.com and follow them on Facebook for updates.