Is home-sharing the answer for the single senior?

Is home-sharing the answer for the single senior?

Home-sharing among the single senior citizens gained popularity a couple of years ago and it is still happening. According to statistical information, in 2016, there were nearly 7.5 million single senior women and 2.6 million single senior men in the United States.

What has been the result of home-sharing for seniors? Does it really have the obvious financial benefits?

HomeShare programs seek to have seniors stay in their homes and pair them up with other elders in need of a home. The person without a home agrees to help with the house chores in order to reduce their share of the rent.  Besides, the companionship has proved to be beneficial. 

These types of programs that match single senior homeowners with those in need of a home have proved successful in Canada and many places in the United States. Programs such as Northumberland and Halton try to pair people with common interests who would do great at living under the same roof. 

Some of them, like the Northumberland program, are two-year pilots while others are long-term initiatives. Most elders who own a home want to stay in it but do not have the strength or the resources to do it. The majority of the homeowners that join home sharing initiatives are older women living alone, and some senior couples who want to stay in their home but need some assistance to do so. 

Homeseekers include women in their 50s and 60s who still feel they can contribute. The initiative and programs are a great option for seniors, but it is not for everyone. 

News Flash

Uranium glass is a popular collectible

When you read about uranium, you probably have the idea that you will be radiated. Uranium glass, or Vaseline glass as it was known in the early 20th Century due to its resemblance to it, is now a collectible. What is Uranium glass? In very simple terms, uranium glass is a type of glass containing…

Read More

Gallery Posts

Top 5 Posts

  • Working out has benefits for your brain as well as your body

    Not only will your body be at its finest but also your brain will function better if you exercise regularly. This might come as a surprise to many who think of physical exercise as an activity to lose some pounds or get ripped. Let us briefly go through how working out has benefits for your body as…

  • How can you qualify as a fitness trainer?

    With more and more people becoming interested in achieving healthier lifestyles, jobs in the health and fitness industry are more in demand than ever before. Here are a few steps you can follow if you're interested in qualifying and pursuing a career as a certified fitness trainer: 1.Get…

  • Exercise is the Cure for Chemotherapy Fatigue, Study Says

    Chemotherapy treatments can zap the energy out of cancer patients. The study from the Wilmot Cancer Institute concluded that the best way to cure chemotherapy fatigue is exercise. Instead of taking extra cups of coffee, drugs, or a nap, cancer patients should consider going for a 15-minute walk.…

  • Four of the Most Underrated Exercises

    The best exercising experience is probably the one you haven’t tried. Most of us are over-reliant on some tasks and we forget others that may suit our needs just as well. Here are some of these exercises that need inclusion in your routine for maximum productivity. Landmine Shoulder Press…