The Soloist

Are You a Solo?

Answer yes if you are:

 

  • Age 50 or older
  • Currently single (widowed, divorced, separated, never married, or don’t have a life partner)
  • Don’t have adult children who could provide help as you age, when needed.

 

The Soloist is a Newsletter that Addresses Your Needs

 

As Solos grow older, they need a plan for realizing their hopes, meeting their needs, and dealing with the challenges that often come with aging.

 

That’s true for anyone, but it’s especially important when you’re a Solo. If you don’t have a plan, other people will have to make decisions for you, without any clue as to your preferences or wishes.

 

Welcome to The Soloist, a newsletter from Davis Financial Group, where we share information, expertise, interviews, and stories to help Solos live well, take good care of themselves, and make wise choices for their future.

 

SUBSCRIBE TO THE SOLOIST!

By Mary B. Young, D.B.A.  Flip through any issue of AARP Magazine and you’ll see a recommended to-do list for older adults: Choose a healthcare proxy, get an estate plan and a durable power of attorney, document your end-of-life wishes, write down your emergency contacts.  In addition, it’s good to have...

By Allen Davis, CFP More than two-thirds of singles do not have a financial advisor, according to a recent survey. In fact, they are more than twice as likely as marrieds to say they hadn’t spoken to anyone at all about retirement. Yet it’s particularly important to get started on financial planning...

Rebecca A. Clay, “COVID-19 Isn’t Just a Threat to Older People’s Physical Health,” American Psychological Association, March 18, 2020. Rebecca Tuhus-Dubrow, “Are Women Better at Living Alone?” Slate, February 3, 2012. Melissa Hawkins, “Carefully Forming a ‘Quarantine Bubble’ Can Fight Loneliness,” “NextAvenue”, July 24, 2020. Caroline Kitchener, “A Woman...

by Mary B. Young “COVID has made me think a lot more about aging alone,” a 60-year-old widow told me. Her wife had died six years ago; they had no children. Although she has since found a new partner, she’s learned from experience that relationships don’t always last—especially as we age....

By Allen Davis, CFP, ChFC Strictly speaking, solos are defined as adults age 65 or older who have neither a spouse/partner nor adult children to support them as they age. But Solos are a varied bunch. The complexities of real life, real people, and real families produce a lot of diversity...

By Allen Davis, CFP Nearly one-quarter of people age 65 or older are “soloists”—that is, aging adults without a spouse or partner and children whom they can all on for help or support, when needed. That’s a huge portion of the population. Yet, surprisingly, the world seems to operate on the assumption...

By Allen Davis, CFP Not long ago, my world view got turned on its head. I proudly showed a friend Davis Financial Group’s new print brochure, which we had put a lot of time into getting just right. She shook her head and handed it back to me. It looked good,...

By Mary Young, D.B.A. I was in my early 50s when I came face-to-face with one of the dilemmas of living solo: Whom do I call in an emergency? I was crawling at 30 miles an hour in rush-hour traffic, when—bam!—the car in front of me abruptly stopped. As I slammed on...