A generation of Americans who embraced communal living in the 1960s is again considering that concept and other ways to coexist as they near retirement.
This time, they’ve traded peace signs for dollar signs.
“By force of sheer volume, the (baby boomers) who in 1968 thought they would change the world by 2028 actually will,” said Andrew Carle, founding director of the Program in Senior Housing Administration at George Mason University in Fairfax, Va.
Over the next three decades, one in five U.S. citizens will turn 65 or older, Carle said. They’ll control more than half of the discretionary income, influencing entertainment, travel, food, retail, technology and housing.
Even now, seniors are redefining their living arrangements through cohousing communities, cooperative households and niche communities, experts said.
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