New York Post
Source: New York Post
12 HrsNew York Post
Source: New York Post
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An Ethos study of 100 U.S. metro and housing-market areas ranked Irvine, California, the most financially vulnerable place for both widowed adults living alone and surviving parents raising one child; Fresno and Los Angeles also ranked among the 10 most vulnerable in both categories. Irvine’s estimated first-year costs were $91,477 for an adult alone and $134,329 for a parent with one child, while San Francisco had the highest parent-and-child estimate, at $167,929. In a survey of 1,000 married or widowed Americans, 40% of married respondents said they had never discussed coping financially with a spouse’s death, and one-quarter had no life insurance.
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