Nurse Next Door, Pinellas on LinkedIn: What “Solo Agers” Should Know About Planning for the Future (2024)

Nurse Next Door, Pinellas

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Each one of us faces a unique journey towards aging. In some cases, that journey - at least the later phases of the journey - will likely be alone. For people with no children, spouse or close familial support, there is no other option other than contemplating the prospect of navigating their later years largely on their own. It's a sobering realization that many "Solo Agers" grapple with.The 2021 U.S. Census Bureau report shed light on this demographic truth: 16.5 percent of American adults aged 55 and older, totaling 15.2 million individuals, find themselves in a similar position of being childless. Yet, our societal structures heavily rely on familial support networks for the elderly and disabled. A staggering 89 percent of the nearly 48 million informal caregivers in the U.S. are family members, providing crucial assistance and care coordination.However, the stark reality is that not everyone has a spouse, child, or close relative to rely on for support in their golden years. Distance, circ*mstances, and personal choices often leave individuals without the familial safety net that society assumes will be there for them. As we journey through life, planning for our later years is a universal necessity. However, for "Solo Agers", the need to think ahead becomes even more urgent. The brief article below covers a few key components that "Solo Agers" should be focused on when planning for their futures.https://lnkd.in/ebdqC7an

What “Solo Agers” Should Know About Planning for the Future agingcare.com
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