Search
 

Retiring to the commune

With too little saved for retirement, many Americans may be surprised to find themselves in less-than-conventional living arrangements.

By Allen Greenberg | Updated on August 07, 2014
If communal life is good enough for the Amish, shouldn’t the rest of us get in line?

You know what’s ironic? I mean, like, really dripping in teeth-gritting, forehead-slapping irony? The fact that many of those in the generation that brought us McMansions are going to have to consider living in communes when they get old. They’ll stop working and, thanks to woefully inadequate 401(k)s, will no longer be able to afford to live in the way to which they’ve grown accustomed.

I come from people who know a thing or two about communal living — you can travel to Israel to visit a kibbutz yourself … or maybe just Google it until things in Gaza quiet down—  but I think a lot of us are going to have trouble with this notion, especially as geezers set in their ways.

Complete your profile to continue reading and get FREE access to BenefitsPRO.com, part of your ALM digital membership.

Your access to unlimited BenefitsPRO.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical BenefitsPRO.com information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com

Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Recommended Stories

BenefitsPRO

Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

  • Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
  • Exclusive discounts on BenefitsPRO.com and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2024 ALM Global, LLC. All Rights Reserved.