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Retirement Gaps for Single Retirees | Durham News
Description
Single retirees face a retirement crisis most financial advice ignores—without a partner to share costs or care, they’re hit with surprise long-term care bills, underestimated Medicare gaps, and unpaid caregiving burdens that erode their savings. With nearly half wrongly expecting Medicare to cover daily assistance, and women especially losing decades of income and benefits, the window to plan is narrow: between 50 and 65, when insurance is cheaper and savings can be built. Don’t wait until you’re 65—your future self will thank you.
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