
I’ve had a couple of clients approach me recently asking how to talk about downsizing with their aging parent(s). And while they had different motivations and were in very different situations, they are some general themes that can help with these conversations. Determine Your Motivation First and foremost, determine YOUR motivation for wanting to discuss this with them. Are you concerned about them being able to keep up with the maintenance of a large home? Are you wanting to help them minimize and declutter so they can move to a smaller home? Do you want them to be able to access some of the equity they’ve built up in their home to help with retirement