Is cohousing the right choice for you?

One of the new trends for seniors is cohousing. So, what exactly is it?

If you Google it, you’ll see that it’s defined as “a type of living community that combines private homes with clustered living spaces. A senior cohousing community includes 20 to 40 single-family or attached homes arranged so that everyone shares the same lawn space and walkways.”

It’s a sort of communal living arrangement that allows for independence among people who also support one another. The elder cohousing concept came to the US from Denmark back in 1988 according to TheSeniorList.com. And its popularity is growing as active adults search for alternatives to traditional and extremely expensive senior living communities.

In many of these communities, residents share some responsibilities like cooking or cleaning and with that comes some financial savings. But, as with anything, cohousing comes with both benefits and costs to consider.

Kiplinger looks at a couple of these neighborhoods and how residents feel about this new approach to active adult communities.

>>Read the full article here.

Want to know more about cohousing in general? Visit cohousing.org. There are currently at least two cohousing communities in Georgia – East Lake Commons is intergenerational and Lake Claire Cohousing has residents up to the age of 50. You can learn more about both of these communities on the website.