As the senior population continues to grow, a unique group is emerging: solo agers. These are individuals who do not have children or close family members to rely on as they age. Whether by choice or circumstance, solo agers face unique challenges when it comes to financial planning, housing, and care decisions. However, with thoughtful preparation, they can secure a fulfilling and supported future.

Who Are Solo Agers?

Solo agers are older adults who are aging without immediate family members—such as children, spouses, or close relatives—who traditionally take on caregiving roles. According to the U.S. Census Bureau, approximately 22% of adults over 65 are aging solo, a number expected to rise as younger generations have fewer children and traditional family structures evolve.

Key Challenges Facing Solo Agers

1. Financial Security – Without children to help manage finances or assist in decision-making, solo agers must ensure they have solid financial and estate plans in place.
2. Healthcare & Caregiving Needs – Many aging adults eventually require assistance with daily tasks or medical care, making it essential to have a plan for long-term support.
3. Housing & Living Arrangements – Choosing where and how to live becomes even more critical, as solo agers need to create a supportive community around them.
4. Social Isolation – Without close family, solo agers must proactively build and maintain strong social connections to avoid loneliness and depression.

How Solo Agers Can Plan for the Future

1. Establish a Strong Financial Plan

• Work with a financial planner to develop a long-term budget and retirement plan.
• Set up automatic bill payments and a financial power of attorney to ensure finances are managed properly if needed.
• Consider long-term care insurance to cover potential assisted living or in-home care costs.

2. Build a Trusted Support Network

• Form a care circle of trusted friends, neighbors, or professionals who can offer support.
• Get involved in local community groups, senior centers, or hobby clubs to maintain social engagement.
• Hire a geriatric care manager who can help navigate medical and personal care decisions.

3. Explore Housing & Care Options Early

• Research aging-in-place modifications to make your home safer and more accessible.
• Consider co-housing communities or senior villages, where solo agers can live independently while still having a built-in support system.
• If needed, tour assisted living facilities and understand their financial structures ahead of time.

4. Create Legal Safeguards

• Draft a will and estate plan to ensure your assets and medical decisions are handled according to your wishes.
• Designate a healthcare proxy and discuss your medical preferences with them.
• Establish an advance directive to specify end-of-life care preferences.

5. Stay Socially & Mentally Engaged

• Volunteer, take classes, or join interest-based groups to maintain an active lifestyle.
• Use technology to stay connected—video calls, online communities, and social media can help prevent isolation.
• Consider a pet for companionship, which can provide emotional support and a sense of routine.

Final Thoughts

Aging as a solo ager comes with unique challenges, but with proactive planning and a strong support system, it can also be a time of independence and fulfillment. By addressing financial, social, and care concerns early, solo agers can create a future that is both secure and enriching.

Are you a solo ager or planning for the future? Start now by connecting with local resources, financial advisors, and supportive communities to build a plan that works for you.

• Jennifer Carter, Founder
• Star Light Senior Advisors
• www.starlightsenioradvisors.com