If not, an IRA needs to be considered. In sum, a hard-working single parent needs to make sure her money is working as hard as she is. Thinking ahead now can make the future easier. Later On If you are a 62-year old retiree, remember that you are still relatively young. Indeed, making sure an element of growth exists in your investment portfolio is key.
Estate planning needs consideration as well.
Finally, consider insurance that allows you to pass on the estate tax-free. Whatever your age, prioritizing will help your hopes become reality. Click here for a 30-day free trial. Hearst Communications Inc. MoneyMinded Limitation of Liability and Privacy Policy .