2832: Are You Alone and Planning for Retirement? Retirement Planning for Singles by Kathleen Coxwell of NewRetirement

Optimal Finance Daily - Financial Independence & Money Advice - A podcast by Optimal Living Daily | Diania Merriam

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Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 2832: Planning for retirement as a single person offers both unique advantages and challenges. Kathleen Coxwell highlights the importance of addressing long-term health care, establishing reliable income sources, and envisioning how to spend time post-retirement. By considering these factors, singles can create a secure and fulfilling retirement plan tailored to their individual needs. Read along with the original article(s) here: https://www.newretirement.com/retirement/are-you-alone-and-planning-for-retirement-retirement-planning-for-singles/ Quotes to ponder: "Someone who is single doesn’t have to prepare for as long of a retirement as a married couple. A married couple is planning for the longest surviving partner, not just one person." "If you’re married, your spouse can take care of you if something happens but what happens if you’re by yourself? It behooves someone to look into these contingencies." "You may want to consider looking into a nursing home. It really helps for someone to know for certain if something were to happen they have this planned." Learn more about your ad choices. Visit megaphone.fm/adchoices

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