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Why Single People Shouldn't Save More for Retirement

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A single person, frankly, has to save more. They should have a good sized emergency fund because if they're unable to work, they won't be able to rely on a spouse to bring home the money. Unfortunately, even though single people should be saving more, most surveys indicate that a single person is actually less likely to be saving for retirement than a married couple. While one financial benefit of being single is that you don't have to compromise with any one else on spending where and when you want to retire, or even where to put the thermistat there is challenge that you doesn't have anyone you can lean on to help you manage your finances.

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