Traditionally, seniors have had four basic housing options. First, stay put where they are. Next, move in with an adult child or other family member. Option three is to move to an age-restricted community. Or, finally, go to an assisted living facility or nursing home.
According to the AARP, journalist Beth Baker lists new housing options that are beginning to gain traction. Co-housing is one, in which private housing units are connected to shared space with others that include a common room with a dining area and kitchen as well as a yard and gardens.
House sharing is another possibility where people buy or rent together, as well as consider having tenants or a younger caregiver.
Some seniors may opt for a housing cooperative, in which a non-profit community is formed to share an apartment building that is member-owned and resident-governed.
There are plenty of appealing choices.
You Should Enjoy Retirement
Council of Seniors is fully dedicated to getting Congress to pass The SAVE Benefits Act. This law is needed to make up for inadequate Social Security cost of living adjustments (COLAs) approved in several recent years. The amount of $581 was withheld from seniors, and it’s time for it to be paid back.
Signing our petition is the first step you can take to help. We greatly appreciate your support.
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