Being single has its perks in retirement. Sure, you won’t get a portion of your spouse’s Social Security benefits, and you won’t have additional retirement savings to draw from, but there are several ways you benefit from retiring solo, something that isn’t that uncommon these days.
After all, as of the 2023 U.S. Census, roughly 28% of people 65 and older in America live alone. That amounts to about 16 million people, just over 10 million women and just under six million men. For many, it's a byproduct of widowhood or divorce. For others, they never got married to begin with.
