One mother, Barb, prepared for her daughter Erica's departure for college by planning to enroll in school herself. "We have been working on this for years, really. I knew it was going to be hard, so I made this whole plan to go back to graduate school and make a career change and find really fulfilling work," she says.
Cathy says it's also important to think about how you are going to deal with your new life emotionally. "Just like we prepare for retirement, I would really encourage people to do an emotional plan for when your children leave home," she says.