Aging Single #3: Finances and Estate Planning
Solo – The Single Person’s Guide to a Remarkable Life
00:00
Financial Planning Considerations for Solo Individuals
The chapter delves into the financial aspects of being a solo individual, emphasizing the importance of saving and self-funding for retirement. It discusses owning assets like a house for generating future income, the need for insurance including long-term care and life insurance, and the significance of disability insurance as a safety net. The chapter also highlights the role of financial planners in making sound decisions regarding annuities and reverse mortgages to manage retirement funds effectively.
Play episode from 53:13
Transcript
