Our home is generally our most significant asset and the first thing we think of leaving to our adult children in our will. But are you aware that you may be able to pull cash out of the equity in your home right now?
Many parents whose kids have flown the nest are thinking of downsizing or have downsized (and have the storage unit to prove it). Moving to smaller quarters means making a million decisions, not the least of which is what to save for the children and what to save the children from.
First be aware of your own agenda and frustrations. Examine your motives and challenge your certainty that what you know to be best may not be best for your child. Nurture yourself internally; you are in a true dilemma of instinctively wanting to protect your child while not being able to.