Your independence is empowering. This conversation dives into protecting your financial foundation, growing your wealth, and navigating any challenges, all on a single income. Whether you're single by choice, starting over after divorce, or beginning a new chapter later in life, this episode covers the unique challenges and opportunities of financial planning for single people. Join us for help boosting your savings, investing strategically, and planning for your future needs. Managing your money solo doesn't mean you have to do it all on your own, we're glad you're here! 00:00 Introductions 01:40 What does “power of one” mean? 03:38 How to create a day-to-day financial plan 05:10 How to understand financial priorities 06:49 What to do after a divorce 12:00 How to balance financial goals & paying off debt 13:02 How to balance college savings & retirement savings as a single parent 15:18 What are tax-smart ways to help save more money? 17:37 What is an HSA & how to use it 18:53 What are tax-smart ways to invest money? 21:51 How to plan for your financial future 23:06 How to plan for health care costs with or without children 26:56 How to maximize Social Security benefits 27:53 How to use trusts & life insurance to leave a legacy 32:11 Remember to take care of yourself & your mental health 34:10 Wrap-up Questions? Drop them below 👇 and we’ll reply right in the comments. Subscribe to the Women Talk Money community: https://www.fidelity.com/go/womens-investing/signup?ccsource=YouTubeReplay_02_11_26 Register for upcoming Women Talk Money events: https://fidelityevents.com/women-talk-money-events?ccsource=Social_WTM-02.11.26-YT-replay • To see more videos, subscribe on YouTube: https://www.youtube.com/fidelityinvestments • Follow Fidelity on Reddit: https://www.reddit.com/r/fidelityinvestments/ • Follow Fidelity on Instagram: https://www.instagram.com/fidelityinvestments • Follow Fidelity on TikTok: https://www.tiktok.com/@fidelityinvestments • Follow Fidelity on Facebook: https://www.facebook.com/fidelityinvestments/ • Follow Fidelity on LinkedIn: https://www.linkedin.com/company/fidelity-investments/ • Follow Fidelity on Discord: https://discord.gg/FidelityInvestments • Ask Fidelity on X: https://www.twitter.com/Fidelity Fidelity Brokerage Services LLC, Member NYSE, SIPC, 900 Salem Street, Smithfield, RI 02917 1244266.4.0 #retirement #singles #personalfinance #investing #financialplanning