Saratoga Springs, NY. – August 8, 2012 – “Retiring along presents unique challenges,” writes Bill Losey, author and retirement expert and advisor. Bill recently wrote a blog discussing a sometimes overlooked group of retirees – those facing retirement “solo.” The blog, found on his website http://www.BillLosey.com, is titled “Retiring Solo”.
“Singles who retire may lack a spousal and familial support network other retirees count on. If a lone retiree faces sizable medical bills, he or she can’t draw on the financial resources of a spouse,” writes Losey.
Bill covers several ways that those who are retiring “solo” should prepare differently than those who will retire as a couple. Some of these topics include, “the need to save early and consistently,” “the possibility of building wealth through real estate,” “the possible need for long-term coverage” and “the value of a social circle,” among others.
On the value of a social circle, Bill writes, “’Family’ has many different definitions today – and increasingly, single retirees are creating family-like bonds by moving in with one another, and saving household expenses as well. This can be good for the soul, and some solo retirees with few or no living relatives go so far as to assign power of attorney to a close friend in case of emergency.”
To read the entire blog, please visit http://www.billlosey.com/blog/retiring-solo.php
Bill Losey is a nationally known and respected retirement expert, specializing in 401k rollover advice, self-directed IRA rollovers, 401k direct rollovers, and many other investment and retirement strategies. Bill’s company, Bill Losey Retirement Solutions, LLC, is an independent registered investment advisory firm that caters primarily to couples as well as divorced and widowed women nationwide (age 50-70) who demand objective financial and retirement advice; customized, fee-only investment management; attention to detail; and impeccable service.
Other recent blogs written by Bill Losey include "Avoiding Identity Theft", "Estate Tax Laws – What Has Happened Since 2010 & What Could Happen in 2013", and “5 Things To Keep In Mind For Life After Work,” among others.
Each issue of Bill Losey’s award-winning free weekly email newsletter, Retirement Intelligence®, reveals how-to-articles, secrets, investment ideas, a "Joke Of The Week", fitness and diet tips, and promotes upcoming seminar dates to keep subscribers “in-the-know.” Bill and his staff seek to provide informative and entertaining information readers can use to simply and confidently enhance their health, wealth and happiness.
To learn more about Bill Losey Retirement Solutions, please visit http://www.BillLosey.com and http://www.MyRetirementSuccess.com.
About Bill Losey, CFP®, CSA
America’s Retirement Strategist®
Bill Losey, CFP®, caters to women and couples (age 50-70) who seek to reduce post-retirement risk and generate a predictable, sustainable, increasing stream of retirement income they won’t outlive. As a qualified professional in the areas of retirement strategies, personal finance and investment management, Bill has been seen and heard on hundreds of TV and radio stations such as FOX News, NPR, CBS News, CNBC, Business Week, TIME, AARP, U.S. News & World Report, and Oprah & Friends.
Bill has over 20 years experience in the financial services industry and is a Certified Financial Planner™ practitioner, a Certified Senior Advisor and Certified Retirement Coach. He is the owner of Bill Losey Retirement Solutions, LLC, a fee-based registered investment advisory firm serving a small nationwide clientele. Bill is the author of Retire in a Weekend! The Baby Boomer’s Guide to Making Work Optional and he publishes Retirement Intelligence®, a free, weekly, award-winning newsletter that reaches over 5,000 subscribers worldwide. Formerly, Bill was the “resident retirement expert” on CNBC’s “On the Money” television program.
In his leisure time, Billy, as his friends call him, loves to sing. He is an accomplished vocalist and has performed the National Anthem at Madison Square Garden, the Pepsi Arena, and other sporting venues. Currently Bill is the lead singer of a vocal duo called The New York Lounge Lizards. He has been married for nearly 25 years to his wife Tori. Together they have three sons, two dogs, and one fish.
Learn more at www.BillLosey.com or by calling 518-581-1666.