Retirement Planning Without Kids Demands Attention to Long-Term Care and Estate Strategies

Not having kids might mean fewer financial obligations, but it doesn’t automatically make retirement planning easier. In fact, flying solo as you age comes with its own set of complexities, from health care costs to estate decisions. Here’s what child-free adults should know when planning for life after work. More Freedom to Take Financial Risks Without children, many adults have fewer day-to-day expenses and more discretion over how—and when—they spend their money. “For most clients without kids, legacy planning is not a concern,” said Alex Caswell, founder of Wealth Script Advisors....