The Pros And Cons Of Aging In Place With A Roommate

Shared housing, or a home share, is when two or more people live together for mutual benefit. Housemates, flatmates, lodgers—no matter what you call it, aging in place with a roommate is an option more and more seniors are choosing.

Are you a retiree considering shared housing? Wondering if a roommate is right for you? Let’s talk about all of the pros and cons!

Aging In Place With a Roommate – PROS

With the cost of living continuing to rise, it’s no wonder why seniors have been choosing shared housing as a lifestyle. Splitting expenses like rent, utilities, and groceries can be a huge help for those living on fixed incomes. Here are some other PROS to consider:

• Companionship
• Complementary abilities – maybe one roommate is unable to drive and the other happens to be the best cook
• Shared chores and responsibilities – cleaning, maintenance, and yard work can be split up
• Confidence in numbers – senior housemates can rest a little easier knowing that if there’s a medical or another type of emergency, someone is always there
• Peace of mind for family members
• Help each other maintain independence
• Additional source of income
• Social engagement
• Built-in pet sitter

Aging In Place With a Roommate – CONS

Of course, aging in place with a roommate may not be the ideal lifestyle for everyone. Some CONS to consider are:

• Personality clashing
• Disagreements about pets
• Different cleanliness and priority standards
• Less privacy
• Sharing – hey, sometimes you just want your own stuff
• Disagreements about home temperature
• Different standards for houseguests
• Potential of one roommate hogging a certain space or the TV
• Different noise thresholds
• Disagreements about finances

Are You a Retiree Looking For Shared Housing?

Find shared housing near me.

Do you need help with retirement planning? Then, visit Bob Carlson’s Retirement Watch.