As Gen X and Boomers Age, Confronting Living Alone

Jay Miles has lived his 52 years without marriage or children, which has suited his creative ambitions as a videographer in Connecticut and, he said, his mix of “independence and stubbornness.” But he worries about who will take care of him as he gets older.

Donna Selman, a 55-year old college professor in Illinois, is mostly grateful to be single, she said, because her mother and aunts never had the financial and emotional autonomy that she enjoys.

Mary Felder, 65, raised her children, now grown, in her rowhouse in Philadelphia. Her home has plenty of space for one person, but upkeep is expensive on the century-old house.

Ms. Felder, Mr. Miles and Ms. Selman are members of one of the country’s fastest-growing demographic groups: people 50 and older who live alone.

In 1960, just 13 percent of American households had a single occupant. But that figure has risen steadily, and today it is approaching 30 percent. For households headed by someone 50 or older, that figure is 36 percent.

Nearly 26 million Americans 50 or older now live alone, up from 15 million in 2000. Older people have always been more likely than others to live by themselves, and now that age group — baby boomers and Gen Xers — makes up a bigger share of the population than at any time in the nation’s history. (...)

In interviews, many older adults said they feel positively about their lives.

But while many people in their 50s and 60s thrive living solo, research is unequivocal that people aging alone experience worse physical and mental health outcomes and shorter life spans.

And even with an active social and family life, people in this group are generally more lonely than those who live with others, according to Dr. Schafer’s research.

In many ways, the nation’s housing stock has grown out of sync with these shifting demographics. Many solo adults live in homes with at least three bedrooms, census data shows, but find that downsizing is not easy because of a shortage of smaller homes in their towns and neighborhoods.

Compounding the challenge of living solo, a growing share of older adults — about 1 in 6 Americans 55 and older — do not have children, raising questions about how elder care will be managed in the coming decades. (...)

With Space to Spare

Katy Mattingly, 52, an executive secretary, bought a house in Ypsilanti, Mich., three years ago. It is small but offers plenty of space, with three bedrooms.

The question for her, and many other single homeowners, is whether they can cash in when they get older.

Ms. Mattingly said she did not think she would ever be able to pay down the mortgage and build wealth.

“It’s implausible that I’ll ever be able to retire,” she said.

Living solo in homes with three or more bedrooms sounds like a luxury but, experts said, it is a trend driven less by personal choice than by the nation’s limited housing supply. Because of zoning and construction limitations in many cities and towns, there is a nationwide shortage of homes below 1,400 square feet, which has driven up the cost of the smaller units that do exist, according to research from Freddie Mac.

Forty years ago, units of less than 1,400 square feet made up about 40 percent of all new home construction; today, just 7 percent of new builds are smaller homes, despite the fact that the number of single-person households has surged.

This has made it more difficult for older Americans to downsize, as a large, aging house can often command less than what a single adult needs to establish a new, smaller home and pay for their living and health care expenses in retirement.

People in this group often face the reality that “it’s more expensive to get a smaller condo than the single family you’re selling — and that presumes the condo exists, which may not be the case,” said Jennifer Molinsky, director of the Housing an Aging Society Program at Harvard University.

And when they hold onto family-size houses well into retirement, there are fewer spacious homes placed on the market for young families, who in turn squeeze into smaller units or withstand long commutes in a search for affordable housing.

“Both ends of the age distribution are getting squeezed,” said Jenny Schuetz, an expert on housing and urban economics at the Brookings Institution.

by Dana Goldstein and Robert Gebeloff, NY Times | Read more:
Image: Sahar Coston-Hardy for The New York Times
[ed. Seems like pretty common knowledge. Btw...I don't know if readers are still hitting NYT (or other) paywalls, but if so try Quick Javascript Switcher.]