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Harkening back to a more traditional familial structure, more seniors are living with their children and relatives, according to two new Census reports. If you think it's because of the economy, guess again: It's because of changing demographics.
Here's what's driving the multi-generational household trend:
Lack of Opportunity for Self-Sufficiency
Though cultural mores may be a driving force behind multigenerational households, let's call a spade a spade: It's probably not a coincidence that individuals who belong to historically disenfranchised groups are more likely to live with relatives.
Despite having a valuable skills set, these particular seniors -- foreign-born, elderly, female, and U.S.-born minorities -- may be living with relatives because they are grappling with employment discrimination. It's also possible they are economically pressed and don't have enough savings to retire independently.
Unlike their white male contemporaries, for senoirs with little opportunity for self-sufficiency, living with relatives may be their only option.
Fortunately, many seniors and their relatives find living in a multigenerational household fruitful, fulfilling, and downright fun, as a writer for Chicago's WBEZ radio has explained.
After all, it takes a village, right?