As a self-employed, entrepreneur or freelancer, it is not easy to plan a regular savings schedule as your monthly income can greatly vary each month. In good months, you could be raking in the big bucks and the very next month, your earnings could be next to nothing. It all depends on the projects you deliver and your clients’ payment terms.
On a brighter side, the line of work makes you a more independent, goal-oriented and focused person. It wouldn;t be too difficult for you to apply these existing attributes to your retirement planning now.
Watch this video to find out how to start planning for your retirement if you have not done so.
Bonds and Fixed Income