Last week, my kids were having a conversation about who is going to take care of us when we are old. Maira said it will be Marissa as she wanted to be a doctor. Doctors take care of the people. She, on the other hand, wants to be an inventor. And inventors need to make things.
So then I asked them, “how about selling houses?” After thinking for a while, Maira said “Nah, too busy”.
My wife and I have agreed not to be too dependent on our children in our old age and we will strive to take care of ourselves when we are older. All this takes planning and sacrifices to ensure that our kids are not burdened with our worries.
In my line of works, I have spoken to many parents both young and old. All parents feel the same way. We want to give our children the best in life and not being a hindrance to their dream.
If your house just reached Minimum Occupation Period, ask yourself how is selling the house helping you to reach your goal of being financially independent of your children.
Most people don’t even know where to start as there are too many things to do.
• First, where should you list your house?
• How do you know what’s the best price of your house?
• Who should you consult to get all the documents sorted?
• How should you deal with the negotiation with the buyer?
Then, after selling your house, where will you stay? Do you have sufficient savings to buy a new home?
All of these are actually just the beginning part of planning before selling your house. There are many other things to get sorted out before and after that. This is what I do for my clients. Rather than focus on hard-selling, I am focusing on working together with you. We plan together and once you are ready, I will get the plans into action.
Let’s strive to be the one helping our children reach their dreams rather than the one hindering them from reaching theirs.