Retiring SoloPlan to Be Happy, Healthy and Independent in the Years Ahead
Being solo is no longer just a stop on the way to a happy ending. For an increasing number of Americans, it’s a lifestyle choice and the destination. Solo is a natural, dynamic state that we experience as we cycle in and out of life stages, living arrangements and relationships. The new reality is that most of us will spend more time solo than in a married or committed relationship over the course of our lifetime. It is almost certain that we will be solo during the later years of our lives.
Nearly 10,000 Baby Boomers turn 65 every day – a reality that began in 2010 and is expected to continue through 2029. More than half of them are reaching that milestone on their own, as solos. Whether solo or partnered, few feel financially prepared for retirement. Those who are married may be counting on a spouse’s income to help save for retirement and to provide a second Social Security check in the future. Statistics, however, indicate that most married Boomers are destined to become solo again in the future, whether through death or divorce.
There are no guarantees in life, whether you are solo, married or somewhere in between. Most Boomers will have to continue working, start a business or come up with another source of income to supplement whatever Social Security benefits they may earn. Few have really thought about how they will spend their time in retirement, how or where they may want to live, how they will stay active and healthy in the years ahead, or who will be there for them as they grow older.
It’s never too late, or too soon, to develop a plan to protect your independence and make sure that the coming years are happy, healthy and supported by a sense of community. Retiring Solo will show you how to get started.
Author Lori Martinek is a successful serial entrepreneur and an advisor and mentor to other business owners. As a small business owner for nearly 30 years, Lori knew that she needed a plan to secure her future and protect her independence. As a vibrant single woman with a passion for outdoor activities and social causes, Lori also wanted to protect her health and her mobility, stay active and engaged in the world around her, create a sense of community that would provide social opportunities and support, and find a way to ‘live alone, but together’ with other active adults. Her journey to create her personal retirement ‘rebalancing’ plan also resulted in this book.
Read Lori’s full bio at www.encorebusinessadvisors.com.
View Lori’s Amazon author page at www.amazon.com/author/lorimartinek.