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Ecology of Money

Should Mom or Dad Move In? When Co-Housing Makes Sense

Contributor John Wasik outlines four questions to ask before sharing your home with an aging parent.

When we built a house nearly 20 years ago, my wife and I purchased a design that would allow us to move in an aging parent in the future. We focused on accessibility: Laundry facilities adjacent to two bedrooms and a full bathroom were on the first floor.

Many millions of families are facing the new reality of taking care of parents in their eighth and ninth decades.