Estate Planning is More Crucial if You Are Single
By KAITLIN PITSKER, Staff Writer (Twitter: @k_pitsker) June 7, 2018 From Kiplinger's Personal Finance
If you’re unmarried and childless, you need special strategies for retirement saving, health care and estate planning—and a support network you can call on.
Aging presents uncertainties for everyone, but single, childless seniors are missing the backup that many people take for granted: a spouse or adult children who can step in when needed. Many of the usual basics of saving, investing and long-term financial planning apply to those aging without a life partner or adult children, but they also need special strategies for retirement saving, health care and estate planning.