Creative Housing for Seniors

In cohousing communities, residents own their units but share a common house to socialize and enjoy meals.

Lately, I've been considering downsizing, not only to save on mortgage payments and maintenance but also to get a jump on my next phase of life, when the kids-school-work routine of the past 30 or so years is replaced by the read-travel-relax routine of retirement. So far, the choices—boxy condos in antiseptic high-rises or houses that are short on space but long on yardwork—don't appeal. And I'm loath to give up the relationships I've formed in my current neighborhood.

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Jane Bennett Clark
Senior Editor, Kiplinger's Personal Finance
The late Jane Bennett Clark, who passed away in March 2017, covered all facets of retirement and wrote a bimonthly column that took a fresh, sometimes provocative look at ways to approach life after a career. She also oversaw the annual Kiplinger rankings for best values in public and private colleges and universities and spearheaded the annual "Best Cities" feature. Clark graduated from Northwestern University.