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Info Seeker
Posts: 2
Registered: ‎12-30-2014

Re: Senior Co-Housing

Message 11 of 18 (2,466 Views)
It sure does. Splitting expenses 3 ways will make retirement funds go a long way.
Info Seeker
Posts: 2
Registered: ‎12-30-2014

Re: Senior Co-Housing

Message 12 of 18 (2,412 Views)

I think it's a great idea.  Several years ago my friend and I lived in California.  Her husband had passed away and she lived with her mother.  I had a roommate at the time but that was not working out too good.  Anyway she had a home in Texas that her son and his family live in.  There is also a second small apartment on the same property.  So she suggested that when we retire it would be nice to share the apartment so neither one of us would have to be alone.  She moved here to Texas and worked on getting the apartment expanded and fixed up.  I ended up having to take early retirement at 62 so I also moved here.  That was seven years ago and we now share the apartment and most importantly the expenses.  Her son lives right next door so she gets to watch her grandkids growing up and so do I.  It probably is not for everyone because it does require a lot of patiences and compromise.  But it is working so far for us.  We each have our own room with our computer and TV so we don't argue over who wants to watch what.  Not being a great cook myself, she does most of the cooking while I help with the prep and do the dishes afterwards.  I do bake a lot in the winter which she does not like to do.  So it helps having offsetting skills.  Knowing what I am good at and knowing what she is good at helps a great deal.   It can work if people are willing to give it a try.

Info Seeker
Posts: 1
Registered: ‎08-05-2009

Re: Senior Co-Housing

Message 13 of 18 (2,534 Views)

Could also look at next gen homes. 

Info Seeker
Posts: 2
Registered: ‎04-03-2012

Re: Senior Co-Housing

Message 14 of 18 (3,267 Views)

I have 20 years of expereince in co-housing. I took care of my parents for that length of time. If your house is set up, where everyone can have their own space to retreat to, it is vialbe solution. It is a support to both families. Kitchen can be a challenge, because, everyone has their set ways about cooking and cleaning. It has to be teamwork, not only for the senior, but for the caretaker. Otherwise resentment can start, which brings problems. Plus it keeps the senior active and gives them selfworth. If there is illness, it is easier on the caretaker, to give assistance with the senior being close. So many people cannot afford assisted living, which is upward of 5-6 thousand dollars a month. Plus even if they say the living conditions are great, most of the time they are not. I had to put my Mom in an assisted home for the last year of her life. It had become difficult to take care of her with the physical needs and health issues. I was always having meetings with management about my Mother's care. It was a nightmare. With cost and economic issues co-housing a great way to go.

Info Seeker
Posts: 1
Registered: ‎11-04-2013

Re: Senior Co-Housing

Message 15 of 18 (3,270 Views)

For several years, i had extensive interactions with widows, usually in the late 60's to late 80's. most who lived alone resided in the home they'd shared with their spouse. A common theme among them was cost of living, maintaing the home and related issues. 

Co-housing is an ideal solution with the caveat that the match process is critical. with today's skilled testing /assessment, matching should be much easier than it would have been even 10 years ago.

It's an idea whose time has come and I'd have much more confidence in AARP's ability to move, implement it than any other entity.

Info Seeker
Posts: 3
Registered: ‎07-18-2011

Re: Senior Co-Housing

Message 16 of 18 (3,303 Views)

My three best friends and I are talking about moving into the same house - like the Golden Girls!  Does that count?

Gold Conversationalist
Posts: 70
Registered: ‎10-29-2016

Re: Senior Co-Housing

Message 17 of 18 (4,788 Views)

No thanks.  My cat's enough.

Conversationalist
Posts: 13
Registered: ‎07-07-2017

Senior Co-Housing

Message 18 of 18 (6,566 Views)

If you're a baby-boomer, you probably have been through or are going through the experience of helping out your aging parents.  The traditional senior housing options for them included gated retirement communities, assisted living "facilities" and nursing homes.  Many of us boomers have been seeking an alternative to those options, while at the same time realizing that living alone in a house or apartment as we age is not a wise choice, either.  Enter "the new kid on the block": co-housing.  It's a concept that's been around a long time in Europe, but is still relatively new in the U.S. But it's a trend that is gaining momentum. The Cohousing Association of the United States  recently  reported that there are now 160 functioning co-housing communities, and 130 in the process of being built.  To date, about a dozen of those 160 are senior projects. Co-housing isn't for everone, but it's a viable option for many, and worth a look. If you'd like to find out more AARP has several good introductory articles. I recommend starting with "Aging Better Together" by Anne P. Glass. 

Thanks for reading and I hope this gives you some food for thought.