Sunday, May 30, 2010

SENIOR APARTMENT SHARING

I have a number of my friends that have passed on and it makes me think about what I will do in the future. Do I want to stay home alone and cook, watch my TV and do nothing or do I want to have fun with others my age. Do I have any friends that want to help share the expenses of a nice lifestyle?

The cost of a two bedroom apartment in a resort style of senior living would cost me $3450.00 dollars and I only make with saving and SS about $2450.00 a month. But if I find someone to share an apartment with me the cost of a second person is $450.00 dollars a month and it would be a total cost of $3900 split between two people that would be $1950.00 dollars leaving me $500.00 dollars for other items. I think I could live with a friend in an apartment in a place that includes luxury dining freedom, fitness center, spa, theater, billards area, activities and socializing if we split the cost of the monthly rent.

Many seniors are very close affording this magnitude of lifestyle. Living in your own home is not all what it is cracked up to be. You live alone, you take care of the refrigerator and appliance manitenance, the roof maintenance and shovel the snow, rake the yard, paint when it is needing it and why. We think we want to say we own our own home. Guess what lots of seniors are still finishing paying that home mortgage.

More and more people are looking at the economy to see where it is headed. I am going to look into sharing an apartment with a friend, I did it when I was in college and why won't that work now.