Attention: Single People…Some Things to Think About in Retirement Planning
There are quite a few aspects of retirement planning that apply equally to married couples and single people, but there are some significant differences that also need to be considered. The Social Security options differ somewhat, and it needs to be recognized that retirement savings for single workers are accumulated based on a single income. Long-term care for later years also takes on a somewhat different perspective for the single person compared to married couples, a factor that needs to be taken seriously into account. Certified Financial Planner Z. Stan Smith provides some thought-provoking comments on this matter in an article posted on mtairynews.com. Read the article here…
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