Survey Reveals Why Many Singles Fear They Might Never Retire

Core Insights - Retirement is particularly challenging for single investors, who often lack the financial strategies that coupled investors utilize to mitigate market risks [2][5] - A significant portion of single investors express concerns about their ability to retire, with nearly 20% fearing they won't be able to retire at all [2][5] Financial Preparedness - Nearly half of single investors expect to need up to $600,000 in retirement savings to feel secure, yet less than 25% have saved at least $250,000 [4] - Less than 20% of single investors have accumulated $500,000 or more in retirement savings [4] Financial Strategies - Single investors are less likely to engage in financial strategies such as portfolio diversification or seeking professional planning assistance compared to those with partners [5]