Are you a Solo?
- 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.
“Can you recommend any good reading on living arrangements for Solos?” asked a subscriber to The Soloist. Can I ever, I replied. As a researcher (who is also a Solo), I collect everything I can about aging solo—including the factors to consider in choosing your living arrangements. Read more … Where Will You Live? A Curated Reading List for Solos
Other Recent Articles
People’s ideas about how long they’ll live are often pretty fuzzy. In fact, more than half of adults age 50 or older misjudge their life expectancy by at least five years. Read more … How Long Will You Live? Part II
Thinking about our own mortality makes most of us uncomfortable. We hope that our lives end quickly, rather than after a long decline or a health catastrophe. Yet we all know people whose deaths—as well as the months or even years leading up to it—have been painful to witness. Read more … How Long Will You Live? Part I
Deciding where to live as we age is one of the most important decisions Solos make—or sometimes postpone making. Should we stay where we are or move? Strike out on our own or choose a community that can provide on-site care and support, if and when we need it. Read more … Finding a Home
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, she said, but “soloists” like her— older adults without a spouse or partner and children―were totally missing. “There’s a lot of us out there,” she said, “but you’ve forgotten to include us.” Read more … How We Became Passionate Advocates for Soloists
More to Explore
“Have the Talk of a Lifetime”— But with Whom?
Frequently, my eyes drift to the display ad that appears in this section and is given an extra-large space before holidays. “Have the Talk of a Lifetime,” reads the headline. In an era when society aims to become more inclusive, these talk-of-a-lifetime ads are still stuck in the 1950s, when (heterosexual) couples and kids filled every home—or were thought to. Read more … “Have the Talk of a Lifetime”— But with Whom?
An Age 50+ Horror Movie—With a Twist
I Care a Lot has been streaming on Netflix for just a few months. Yet the movie has already had an impact on our clients and friends. After seeing it, you’ll never forget why having a financial safety net is so important. Read more … An Age 50+ Horror Movie—With a Twist
Rich Solo, Poor Solo
The self-proclaimed, best-selling personal finance book of all time is Richard Kiyosaki’s Rich Dad Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not! At its core, the book has a simple message: that “regular” people can become richer by learning from the money-management practices of the wealthy. Read more … Rich Solo, Poor Solo
Estate Planning for Solos
Most of us drag our heels when it comes to estate-planning. It simmers quietly on the back burner, muffled by more immediate issues. Whether we’re Solos, married, and/or have children, we’re seldom eager to contemplate our own mortality. Read more … Estate Planning for Solos
What to Plan for If You’re Aging Solo
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. Read more … What to Plan for If You’re Aging Solo
Solo in the Time of COVID-19
“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. Read more … Solo in the Time of COVID-19
Solos Come in Many Varieties
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 under the Solo tent. Read more … Solos Come in Many Varieties
Are You a Soloist? Are You Putting Yourself at Risk?
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. Read more … Are You a Soloist? Are You Putting Yourself at Risk?
Self-reliance Is Overrated
I was in my mid-30s when I broke my leg in a hiking accident. For more than a month, I hobbled around in a cast and crutches, determined to continue living much as I had before: running errands, meeting friends for coffee, returning to my job at UMass, even traveling from building to building for meetings or a class. Read more … Self-reliance Is Overrated
Soloist First Post
As we enter the height of summer, the virus is continuing to wreak havoc with our economy, our sense or order and security, and for some our faith in the future. Covid-19 is certainly illuminating the fragility of life. Even those of us who procrastinate the most have been moved by our intensified sense of our own mortality to make sure our legal documents are all buttoned up. Read more … Soloist First Post