Retired and childless: how to plan for your finances, estate and long-term care when no heirs are set to inherit the responsibility

If you are an older adult with no children, you may have wondered or worried about what will happen to you and your estate if you become ill and cannot make decisions for yourself, or when you die.

In fact, it’s a concern for a growing number of Americans. U.S. Census Bureau data found that 19.6% of adults ages 55 to 64 were childless in 2021; 15.9% of those ages 65 to 74 had no children, and 10.9% of Americans 75 years and older were childless (1).

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