Financial Planning for Individuals and Couples Without Children

A significant portion of the population does not have children, and careful financial and wealth planning for these individuals and couples requires a clear understanding of their goals, ambitions, and intentions. The conventional priorities that often revolve around funding a child’s education or safeguarding dependents will hold less relevance for them.

In this article, we explore the importance of financial planning for those without children, focusing on five key areas: retirement planning, estate planning, preparing for healthcare and long-term care, life and disability insurance, and charitable/legacy planning.