Have you had THAT conversation yet?

No, not the one you are thinking about.  It’s the one that has to do with the house, and when it’s time to let go. 

Maybe it’s time.  The kids are gone, the bedroom is upstairs, the grass still needs to be cut, the trim needs painted, the weeds are getting out of hand and your back hurts just thinking about pulling them for another year. You finally decide, it’s time.

The next step is often the hardest, telling your kids. These are the kids you brought home from the hospital to this house. It's where they took their first steps, got ready for their first day of school, celebrated birthdays, and said goodbye to beloved family pets over the years. Those memories live in every room.

It's not an easy conversation to have. Some kids understand that it's the right move and are genuinely happy you're making a decision that's best for you. Others may struggle with the idea of letting go of their childhood home, and without meaning to, they might even make you feel a little guilty about selling it.

Once you finally make the decision to move, reality sets in. The two biggest questions I hear from parents are: Where am I going to go? and What am I going to do with all of our stuff?

At this stage of my life and career, I find myself having these conversations more and more often. I've lived in my own home for over 25 years, so I'm at that point too. Many of my friends and neighbors are facing the same decisions, which means I've been able to see firsthand what works—and what doesn't.

I've learned that this process is incredibly personal. Everyone has to move at their own pace. At open houses, I regularly meet couples who walk through and say, "We know this is probably our next step."  Too often, people wait until life forces the decision, a broken hip, knee replacement, the loss of a spouse, or an unexpected medical diagnosis. Suddenly, they're making major life decisions under pressure instead of on their own terms.

That's why I encourage people to start the conversation now. Talk with your spouse. Talk with your children. Think about what you want your next chapter to look like. And when you're ready, talk with me. Even if you're not planning to move tomorrow, having a plan today can make all the difference.

The other important conversation to have with your kids is about how you might be able to help them with a home of their own.

If you're in a position to help with a down payment, let them know. Don't assume they'll benefit from an inheritance someday, by then, it may be too late to make a difference when they need it most. Helping them become homeowners now can have a lasting impact on their financial future.

I also know what many parents are thinking: "What if I run out of money?" That's a very real concern, and it's one you should plan for. If financially helping with a down payment isn't the right choice, there are other meaningful ways to help.

One of the greatest gifts you can give your children may simply be your time. By moving closer to them, you may be able to help with the grandchildren, easing the burden and expense of childcare. Your kids save money on daycare, and you get something that's priceless—more time with your family and the chance to make memories with your grandkids.

If you're at this stage of life, it's time to start the conversation. Talk with your spouse. Talk with your family. Then, when you're ready, invite me over. I'd be happy to help you explore your options and put together a plan that works for you and your family.