Navigating Retirement Savings as a Freelancer: A Comprehensive Guide
An increasing number of people are stepping away from traditional employment and choosing to work as freelancers. The appeal of flexible hours, being your own boss, and having more creative control over your work is undeniable. But with these advantages come specific serious challenges.
Unlike people with more traditional employment structures, freelancers don’t have the luxury of an employer-sponsored 401(k). Instead, they take on more of the responsibility for their retirement planning. And as someone self-employed, you’re already burdened with extra financial considerations.