As members of the “sandwich generation,” Boomers often end up supporting elderly parents, boomerang children, and grandchildren simultaneously. Not surprisingly, the economic slump has prompted more extended family cohabitation. A recent AARP survey found that the number of multigenerational households grew from 5 million in 2000 to 6.2 million in 2008, and nearly a quarter of all Boomers now expect their parents or in-laws to move in with them. “Right now 11 percent of people 50+ are living either with their older parents or with their children or grandchildren,” says Elinor Ginzler, director of AARP’s Livable Communities Initiative.
