"The traditional retirement model doesn't apply to self-employed individuals, whose irregular incomes and lack of employer benefits complicate retirement planning."
"Self-employed individuals often question whether their financial needs in retirement have shifted compared to their previous corporate jobs, impacting their retirement goals."
The article discusses how retirement planning differs for self-employed individuals compared to those in traditional employment, highlighting the unique challenges they face. With over 16.8 million self-employed people in the U.S., many are unsure how to approach retirement savings amidst irregular incomes and the absence of employer-sponsored 401(k) plans. The author reflects on their own experience navigating retirement options while questioning if the classic retirement model still applies, and if their goals have shifted as a result of self-employment.
Read at Fast Company
Unable to calculate read time
Collection
[
|
...
]