I am an orphan elder. As an only child of an only child I have no nieces, nephews, aunts, uncles, cousins from my mother’s side of the family. Have been estranged from only living relatives (on fathers side) which are cousins since I was 7 through no fault of my own. I am 62, with no children of my own. Essentially I am an orphan. Does anyone here identify with this? Trying to figure out strategies of care for myself as I age. The other issue is I have outlived all my friends except 1 who is only 2 years younger than me and not in good health. Would appreciate comments/advice from any who find themselves in this position. Am I the only one?
You should seek out a consult with a licensed Fiduciary. When you make out your papers for your POA that would be the person to take over when/if you are unable and to manage things for your care. You would leave whatever money may be left in your estate to whatever charity you wish to name. When you see the lawyer ask for his or her recommend on a fiduciary to contact when it is time to do so. They work closely with them as the court often steps in to manage guardianship by the state of elders without family and they work with licensed fiduciaries. I have made good friends with the one who now manages the estate of my brother's ex, something my bro did before his death. They do a great job at best. Wishing you good luck. Save as hard as you can to make certain you will get the care you wish to have when you cannot remain in your own home. Become familiar with Assisted Living facilities in your area even if as a volunteer.
If you search the term "orphan elder" you'll find many resources. One of my sisters had a business providing money management, long-term care planning, and care coordination for the elderly or disabled who had no support or whose family lived far away. She partnered with geriatric care managers, lawyers, case managers, and healthcare workers - a comprehensive coordination of care. I'm sure there are others like that out there.
She was certified through the Society of Certified Senior Advisors (csa.us) which has a resource directory you may find useful. And searching on the phrase "orphan elder" will yield a few resources as well.
"The shrewd person sees the danger and conceals himself," says an ancient proverb. When editing my sister's website, the statistics showing that the vast majority realize they need to have a support system in place but a very small percentage actually work to get it done were eye-opening. So KUDOS to you for looking into a support system while you're still able to manage for yourself!