The Real Benefits of Multigenerational Living

Written by Janet Helm, Realtor® and Seniors Real Estate Specialist (SRES®) 

One of the shifts I’m seeing in my work with older adults and their families is the growing trend of multigenerational living. More seniors are planning to move in with their adult children—and often, their grandchildren—and it’s easy to see why. While financial relief is a motivator, what truly sustains these households is connection, purpose, and mutual support.

A couple I’m working with is just about to embark on this journey. They’ve decided to downsize, or as I prefer to say, rightsize and move in with their adult children—offering the same support they once gave their own parents. With the grandkids now grown and out on their own, this new chapter allows them to stay involved in family life, while also having the care and connection that will help them age in place successfully.

In many families, the roles shift over time. Grandparents who once helped with daycare or after-school pickups are now receiving support themselves. Their adult children are creating space—physically and emotionally—for them to feel safe, supported, and valued at home.

That’s what I see again and again. These homes become places where support flows both ways—whether it’s help with appointments, shared costs, or simply time spent together. Roles evolve, but the heart of family stays strong.

Multigenerational living isn’t for everyone. It takes planning, flexibility, and open communication. But when it works, it’s not just practical—it’s powerful.