Essential retirement planning for solo agers
Subtitle: a retirement and aging roadmap for single and childless adults
By: Sara Zeff Geber
Published: 2018
Language: eng
Number of pages: 321
ISBN-13: 9781633537682
Subjects: Personal Finance; Planning; Retirement
Description: "Essential Retirement Planning for Solo Agers explores the path ahead for solo agers and presents us with a comprehensive guide for retirement planning. Through stories and personal examples, retirement expert and founder of LifeEncore, Dr. Sara Zeff Geber, describes choices in housing, relationships, legal arrangements, finances, and more--and urges solo agers to plan for the future as though their life and well-being depend on it--because it will!"--Back cover.
Notes: Includes bibliographical references.
Table of contents: title: Part I: Preparing for the future. Child-free: pioneers of a generation; title: The role of adult children in the life of an elder. Emotional support ; Residential decisions, real estate transactions, and help with moving ; Investments and other financial decisions ; Legal representation ; Bill paying and handling money ; Medication management and help with the activities of daily living ; The social network; title: Part II: Enjoying the second half of life. Happiness and satisfaction; title: Financial security; title: Good health and physical well-being; title: Self-awareness, meaning, and purpose. Values clarification worksheets ; Consider your legacy ; Leaving a legacy worksheet; title: Adaptability and flexibility; title: A strong social network. Relationship evaluation worksheet ; Thinking about relationships NOW; title: A belief system larger than yourself. Six keys to a fulfilling older LifeRating worksheet; title: Making an income in later life; title: Part III: Deciding how and where to live. Avoiding loneliness and isolation; title: Privacy, autonomy, and independence; title: Defining your most important criteria; title: The early options. Retirement communities ; Active adult communities ; Cohousing communities ; Home sharing ; Intentional communities ; Continuous care retirement communities (CCRCs) ; Cultural specialty communities; title: Stranger in a strange land: moving to a different country. Evaluating criteria for living outside the US; title: Aging in place. The village movement ; NORCs (naturally occurring retirement communities); title: Part IV: Ensuring comfort and care in your oldest age. The trajectory of aging; title: What will we need?; title: Financing the care you need. Long-term care insurance ; Personal assets ; Medicaid; title: Options for receiving care. Continuous care retirement community (CCRC) ; Assisted living communities ; Board and care homes ; Nursing homes; title: Documenting your preferences for care. Advance health care directive ; Power of attorney for finances ; Last will and testament ; Revocable trust ; Long-term care plan ; Ensuring a secure future ; Finding a younger support system ; Hiring a professional ; Creating a planning kit ; Avoiding "elder abuse"; title: End-of-life choices; title: Conclusion. A final checklist and guide for your planning.