If  your needs are changing, you may be thinking about sharing a home with additional loved ones, such as grandparents, adult children, or other extended family members. Whether it’s for financial or health-related circumstances, or simply because you’ve reached a new phase of life, you might be wondering if living with multiple generations under the same roof is a good move for you.

This could look like a home with grandparents living with their children and grandchildren, or a home with parents and their adult children, or even a four-generation home. It is often the case that each generation will benefit from having their own separate space and privacy. Many multi-gen homes also have separate living areas and even more than one kitchen and several entrances.

With so many benefits, it’s easy to see why 1 in 5 Americans are living in multigenerational homes — a 30 percent increase since 2007.

For more information or a copy of our multi-generational report, let us know.  Until next time, Imagine More!