October 18, 2013

All in the family

If you are near baby-boomer age, then you know: These are unprecedented times. Your parents are living longer than any generation before them, yet crumbling under the skyrocketing costs of medical and long-term care. Your children, despite their best efforts, are losing jobs or not finding work at all. And your own pocketbook? Well, it has thinned, particularly as you’ve watched your nest egg crack under recessionary blows.

How do you survive the economic strain?

A growing number of families are turning back the clock, finding relief in using a tactic their great-grandparents knew: living together under one roof.

It’s estimated that one…

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