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1382: Self Employed? How to Plan Your Own Retirement by Kumiko of The Budget Mom on Entrepreneurship

Optimal Work Daily - Career, Productivity and Entrepreneurship

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Planning for Retirement and Self-Employment Retirement Plans

This chapter offers guidance on retirement planning, emphasizing saving methods and advice tailored for self-employed persons. It covers topics such as goal-setting, savings percentages, early start, investment in retirement funds, and the necessity of an emergency fund. Specific self-employment retirement plans including traditional/Roth IRAs, Solo 401k, and SEP IRA are discussed with insights on contributions, limits, and tax considerations.

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