Who the fuck, especially if you are a single woman, can AFFORD to retire? It's damned near impossible.
Almost all of the "advice" for "retirement" is geared toward married people, and therefore is useless for people in my situation.
Unless you are married to a working spouse, have a very high income, or own a house free and clear and can sell it, you cannot retire in reasonable comfort at all.
A lot of these articles are nothing more than infomercials by investment fund outfits trying to con people they need more money than they actually do to retire.
They turn my stomach and are even cruel in my estimation.
This is a typical bullshit article that laughably suggests single women "save" at least a half-million dollars before they can fund their health care or whatever the fuck the idiot is suggesting, to say nothing of retirement income.
Of course the idiot has never heard of Medicaid, and that is typically what pays for long-term care when all of the assets are spent down:
The health safety net question naturally leads to the topic of a plan for financing any long-term care need that might arise. One option is to self-fund; industry experts say that in order to have a 95% chance of having sufficient resources to self-fund a long-term care need, you should be able to set aside $500,000 to $750,000 in retirement assets just for that purpose.
Obviously there is some connection with some kind of investment outfit not to state the obvious here.
The SSA discusses the problems facing the never-married in old age, but I think they underestimate the problem.
Few people regardless of marital status will have anything in old age because of the rampant age discrimination in the workplace and the near-impossibility of getting back on track financially.