Retirement Planning for Singles: How Much Do You Need?
Retirement Planning for Singles: How Much Do You Need?
May 27, 2021
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Did you know that about 28% of retirees live alone? Retirement is a major life shift, and when you’re approaching it without a spouse or partner, planning becomes even more important. Here are a few key things to consider: 1️⃣ Financial security 💰 • With only one income stream (Social Security, pension, savings), budgeting is even more critical. • Single retirees may pay higher taxes since they don’t benefit from the lower tax brackets available to married couples. • Having a side hustle or par
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