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Live-in arrangements can turn very nasty indeed, with the unpaid ‘tenant’ having no cash to ‘escape’. Or alternatively the live-in can end up with occupancy rights you didn’t expect. Of course, that’s not what you have in mind, but it sometimes turns out that way. It’s a problem if nothing is in writing.
Perhaps it might be worth trying out with a smaller commitment. A couple of days per week of company, with free lunch thrown in? A paid companion for set hours? For evening company, a student might be good – with termination at the end of the college year, which solves a few‘rights’ issues. Trying out might give you clearer ideas about the terms you might use for a bigger commitment.
Good luck if you go ahead!
Maybe someone else is also looking for companionship as well to get together sometimes but keep separate homes to keep it less complicated .,
Why don't you go to a local senior center, or join some clubs that meet in the daytime or do some volunteerism? This way you can shop for companions and friends in a safer, less committed way. Once you get a weirdo roommate that makes your life a living hell and then have to evict, the shine comes off the whole "roommate/companion" thing.