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…
This posting is presented for informational purposes only and does not represent legal or financial guidance. Any opinions or interpretations presented are either those of the original author or, in the case of articles authored by the AMAC Foundation, are the opinions of AMAC Foundation staff, originally trained and accredited by the National Social Security Association (NSSA) and certified via the AMAC Foundation. Any links included in the article are valid on the posted date; socialsecurityreport.org cannot guarantee the duration of the links’ validity. NSSA and the AMAC Foundation and its staff are not affiliated with or endorsed by the Social Security Administration or any other governmental entity. To submit a question, visit our website (https://amacfoundation.org/services/) or email us at ssadvisor@amacfoundation.org. Because we are a non-profit organization, there is no charge for these services.