Are you in assisted living in Tennessee? Do you know what a Solo Seniors is? Well, you could be one! A Solo Senior is an older adult who chose to lead a childfree life. Not being a mother or father can have benefits, such as more time for adventure! Another advantage is that your money and savings can be used solely for your needs or on your spouse’s needs. There are various other benefits to choosing to remain childless, and the number of individuals who chose this path has been on the rise.
Why Are Solo Seniors on the Rise?
A few factors led to the increasing number of childfree adults in America. After 1970, birth control was legal and available, allowing women the choice to bear children or not. Other factors were that women were starting to be treated more equally in the workplace encouraging them to chase their career dreams. High education was becoming more attainable to women in conjunction with increasingly equal pay rates.
The ease and availability to travel also sparked to dream wide and not just settle down. All these factors contributed to the increase of what is being coined as Solo Seniors. According to The Washington Post, “Indeed, 25 million men and women — a whopping one-third of all 75 million Baby Boomers turning 52 to 70 this year — are doing so sans progeny.” If you are part of this 1/3 of Baby Boomers, what do you need to prepare for your future?
Making a Plan
No one can predict what the future may hold but it is always a good idea to have a plan! The first thing to consider is, where would you like to live? You may want to think about your future home. You can join the increasing number of Solo Seniors in Assisted Living or you could choose to stay home and have personal caregivers. If you do choose a senior community, know all your living options.
The next part of your plan is what type of care you may need and who will decide if you are not available to make these types of decisions. You need to be sure to have the proper legal documentation for keeping your affairs in orders such as a will, a living will, and a power of attorney. Once you get all your affairs in order and delegate someone to make important decisions on your behalf, you can feel more confident about your future.
Once you have balanced the choices of where you would like to live and thought about various types of care, you are well on your way to making your plan a reality. Be sure to include in your plan any desired actions with pets, finances, and personal property and to be sure it is all legally documented. Now, you can rest easy knowing your plan is set and should be executed appropriately. The next thing to do is have fun. Make plans with your friends to go out and grab dinner. Smile, laugh and enjoy all your experiences.
If you still are interested in exploring options or discussing plans, contact an expert now!