Retirement Planning in the Gig Economy: New Strategies for a New Era

The landscape of work is shifting dramatically with the rise of the gig economy. Now, more than ever, people are taking control over their income streams by becoming independent contractors and freelancers. However, this newly found independence also brings unique challenges – especially when it comes to retirement planning. In a traditional job setting, employees often have access to employer-sponsored retirement plans; however, in the gig economy workers need to take full responsibility for their own financial futures. Hence, effective strategies for securing long-term financial stability become essential in such an evolving scenario. Understanding Retirement Planning for Gig Workers The process of retirement planning in the gig economy often presents unique challenges compared to...