Saving for retirement is as important for independent contractors or freelancers as it is for regular employees. Don’t put it off because you don’t know how to start.
You may have a good general sense of how much money you need to retire, but you aren’t truly ready to retire until you understand what that means in day-to-day terms.
SUM180 member Doreen McGettigan recently asked, “What type of life insurance (term or whole life) would you suggest for a self-employed, married 58-year-old woman. Healthy except for high blood pressure, controlled with meds?”
If you’re about to be married, should you insist that your partner sign a prenup? It depends.
Now that your long-term financial security is about to become a team project, it’s time to make a habit of thinking in terms of steps to you can take together, rather than separately.