One of the realities of your retirement is that you and your friends are probably experiencing the same financial and health stresses that worry you. There are various ways to use co-housing as a method for addressing your shared concerns and create a community to meet your needs.
You could:
· Buy or
rent a home with friends and spread responsibility for chores across residents.
· Live
with friends and hire people for cooking and cleaning and share the costs.
· Rent
out rooms in your home and hire the services that you and your residents need.
· Help
family members do any of the above.
· Explore
more about co housing:
o The
Golden Age of Golden
Girl Style Living
o Explore
the Golden Girls Network
(Canadian Branch,
Getting creative is almost always a good idea, but a good plan and a good plan B is a better tactic. Besides, retiring to a Holiday Inn or travelling the world on a cruise ship will only get you so far.
However,
creating a financial plan for growing old is one of the key objectives for
retirement planning. Some people have enough assets to pay for long-term care
out of pocket, the rest of us need to explore other possibilities. The idea is
to stay as creative and as open-minded as you can, remember retirement is a
journey not a destination.
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