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Nicole Richie Will Wed “When the Time’s Right”

Nicole Richie says she and Joel Madden will tie the knot "eventually." "

I think for both of us, we are going to do it because we want to, not because that's what you do," Nicole – who is pregnant with the couple's second baby – said on Larry King Live Thursday. "And we're – he's making an album right now and I've got my own thing going on, and we're going to do it when the time's right."

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Madden – who called Nicole "an awesome girl" and his "best friend" — also said they'll wed "one day."

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Added the rocker, "We're really focused on our family, and we feel like – we already feel kind of married, you know? We have a great – our family system that we have down we feel like this is a real family and marriage, one day it will come." Nicole's father Lionel Richie also wants them "to take their time." He said he knows people who wed spontaneously "and they broke up five minutes later. I like the idea of 'take your time, get it right,' because you have kids in common. "I'm more interested in whether they like each other and whether they're best friends," he explained. "Because that means they'll be great parents forever."

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Nicole said it is remarkable that her dad feels that way since most parents want their children to wed if they have kids. "Joel's family is actually – they are very Christian, from Maryland and Joel grew up very Christian and even his idea when he was little was I am going to get married and then I am going to have kids and then – very programmed but that's the order that everything happens in," said Nicole, who welcomed daughter Harlow in 2008.

See adorable photos of Nicole and Harlow

"And, of course, when I was a little girl, you dream about getting married and that is definitely a dream of mine one day," she went on. "Right now we're really, really focused on our family. We're focused on our foundation, and as far as feeling that need of commitment, we both really have that in each other." Nicole said her father even calls Madden "son." Added Nicole, "We call each other's parents our in-laws." As for whether she's expecting a boy or girl, she said, "We want the surprise…. I'll get the clothes after."

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Her father Lionel is hoping for a grandson. "Joel and I are having powwows," he said. Replied Nicole, "You should hear them prepping each other."

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