Think sharing a home is just for college students and millennials?

RENTING OUT A SPARE BEDROOM, EVEN FOR A FEW DAYS A MONTH, CAN YIELD SERIOUS BENEFITS FOR OLDER HOMEOWNERS, FINANCIAL AND

RETIREMENT EXPERTS SAY. IN ADDITION TO MORE INCOME AND COMPANIONSHIP, IT MAY GIVE SENIORS STRETCHED BY HIGH HOUSING COSTS A

WAY TO STAY IN THEIR HOMES LONGER.WHETHER YOU ARE YOUNG & SINGLE, WITH NEEDS FOR LOWER HOUSING COSTS, OR OLDER AND

SINGLE, NEEDING LOWER HOUSING COSTS, A CONDO SHARE PLAN MAY BE FEASIBLE TO LOWER YOUR TOTAL COSTS.  WITH A BEDROOM "SUITE"

OF YOUR OWN WITHIN THE CONDO, AND KITCHEN AND LIVING ROOM TO SHARE, YOU HAVE BOTH PRIVACY & ECONOMY IN YOUR LIVING NEEDS.

living-with-roommates

RESERVE YOUR CONDO TODAY! CALL 928-776-2600

split the rent!

ONLY ABOUT 2% OF OLDER PEOPLE CURRENTLY LIVE IN A HOUSEHOLD WITH SOMEONE OTHER THAN A FAMILY MEMBER, A PERCENTAGE THAT HAS STAYED RELATIVELY CONSTANT FOR DECADES, ACCORDING TO AN ANALYSIS OF U.S. CENSUS BUREAU DATA BY THE CENTER FOR RETIREMENT RESEARCH AT BOSTON COLLEGE. BUT EXPERTS EXPECT THOSE NUMBERS TO RISE, DRIVEN BY ECONOMIC NEED, DEMOGRAPHIC CHANGES IN SOCIETY, AND ONLINE SERVICES THAT MAKE IT EASIER FOR LODGERS AND HOMEOWNERS TO CONNECT.

ONE REASON SENIORS MAY BE INCREASINGLY LIKELY TO SHARE THEIR HOMES IS A LACK OF RETIREMENT SAVINGS, ACCORDING TO ALICIA H. MUNNELL, DIRECTOR OF THE CENTER FOR RETIREMENT RESEARCH AND A PROFESSOR AT BOSTON COLLEGE’S CARROLL SCHOOL OF MANAGEMENT. MORE THAN HALF OF ALL WORKING-AGE HOUSEHOLDS, AND 43% OF THOSE IN THE TOP-THIRD INCOME BRACKET, HAVEN’T SAVED ENOUGH TO REPLACE THEIR INCOME IN RETIREMENT, MS. MUNNELL SAYS. FOR MANY, RENTING OUT A SPARE ROOM THUS OFFERS A WAY TO HELP PAY THE BILLS EACH MONTH.