Nearly half of American adults are now single, and more people than ever are choosing not to have children, yet almost all financial planning still assumes they will do both.

Tax breaks, retirement accounts and even estate plans are usually designed with families in mind.

What singles shouldn’t worry about

A significant source of financial stress I observe in single clients stems from the expectations placed upon them by others: to do more, give more or pay more.

For example, family members might say that their single siblings have more time or space, so they should be the primary caregiver for mom or dad. Single family members might also be asked to “split” the cost of dinners or family trips because it is somehow considered fair, or that they should foot the bill for tuition or a wed

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