14-01-2020 22:54 via baltimore.cbslocal.com

More Seniors Turning To Roommates To Help Pay Bills

(CBS News) — More than 33% of Americans ages 65 and over do not have any money saved for retirement, according to a survey from GoBankingRates. Now some seniors are making ends meet by getting a roommate.
Since retiring about six years ago, Paul Covington has relied exclusively on Social Security without any savings. The 81-year-old needed help paying his mortgage, so Jim English, a perfect stranger, moved in.
“We signed an agreement. So this was more of a formal process, which I lik
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