One of the most interesting shifts in the business world has been the trend toward self-employment. From gig work to freelancing to small business ownership, more and more people are taking their futures into their own hands and leaving the world of traditional employers behind.
If you have been part of this shift toward gig work and self-employment, you will find much to love about your new circumstances. From the chance to work at home permanently to the opportunity to benefit wholly from your talents, there are many advantages to forging your path, but there is one significant disadvantage.
When you work for a traditional employer, the presence of a workplace retirement program can make your future planning very easy. All you have to do is fill out a few forms, dedicate a portion of every paycheck to the 401(k), and sit back and watch the account grow. When you are self-employed, however, those options are not available. It's up to you to save for your future self. Here are four steps you can take today to provide a better tomorrow