Aging Single #3: Finances and Estate Planning
Solo – The Single Person’s Guide to a Remarkable Life
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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.
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