Since nobody is putting aside money for us, we need to be better informed about retirement savings options. According to a national scientific poll conducted by Greenberg Quinlan Rosner Research in 2016, at least 40% of the participating freelancers didn't have a formal retirement plan. At the same time, 52% of the respondents were concerned about the unavailability of employer-sponsored retirement plan when choosing to freelance over traditional employment." "When it comes to retirement saving plans, Solo 401k retirement plans are quite popular among self-employed professionals. What's surprising is how easy it is to launch a self-employed retirement program.

Source: Forbes June 05, 2017 12:00 UTC