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Financial Planning for Singles: Navigating Challenges and Building for the Future
The chapter explores the unique challenges single individuals face in financial planning, advocating for collaborative guidance from certified professionals. It emphasizes the importance of early education, setting savings goals, and planning for unexpected expenses like healthcare and assisted living costs. The conversation highlights the significance of legal documents, fiduciary responsibility, and the value of working with advisors to create a resilient financial plan tailored to individual needs.