The number of older Americans living alone is on the rise. Nearly 16 million people aged 65 and older in the US lived solo in 2022, three times as many who lived alone in that age group in the 1960s. And as Baby Boomers age, that number is expected to grow even more, raising big questions about the country’s future.
Interesting that boomers are living alone and younger generations are being forced to stay together or at least cohabitate because they can’t afford not to. The financial situation is effecting the social one.
Your financial situation drives your social situation. Socializing costs money.