Retirees: Cohousing is Growing. Is it Right for You?

This model of housing is designed to increase interaction. For some retirees, this is a draw. But you should know the details.

Photograph of Bristil Village
(Image credit: Bristol Village)


For Shelly Parks, cohousing and its emphasis on close community ties appealed for both professional and personal reasons. A former marketing professional for large retirement communities, Parks felt like something was missing. “We crave connectedness, but our culture doesn’t do a great job of allowing it,” she says. “Cohousing gave me the answer I was looking for.”

Subscribe to Kiplinger’s Personal Finance

Be a smarter, better informed investor.

Save up to 74%

Sign up for Kiplinger’s Free E-Newsletters

Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.

Profit and prosper with the best of expert advice - straight to your e-mail.

Sign up

To continue reading this article
please register for free

This is different from signing in to your print subscription

Why am I seeing this? Find out more here