Obviously your wife is also very young and both of you need to mature emotionally and start a life of your own. That does not imply dumping your parents or her parents. You can take a small apartment close by and help develop a healthy relationship between your parents and wife. Having your independent set up will also teach you both to take up bigger responsibilities on your own. Your parents are by no means 'old'. Yes, they might be senior citizens but from what you say, it appears that they are still fully capable of looking after themselves - touch wood. Be grateful for that and use this time to develop a good equation with your wife. Let your parents enjoy their space too. This is the time to strengthen your own relationship as a couple and then family relationships which can sometimes be better done with a little space rather than insisting on living under one roof and letting things get ugly. Loving relationships cannot be forced on anyone. They need to be nurtured.