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Retirement
How to plan for retirement if you are self employed?
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[QUOTE="btaliat, post: 229407, member: 26390"] Most time, people that are self employed are always fall victims of unplanned retirement. They always have the feeling that the business may survive them till their old ages. Though, this is the prayer of every entrepreneur but we still need to make sure we plan ahead in case of in casity. The commonest way to plan for ones retirement days is by saving. There is need to have some percentage goes for saving maybe monthly or at some interval. Continuous saving may liberate one in the future. The only thing however is that for some people that live in the third world need to save in foreign currency. This will make them to prepare against future inflation rate. The best way to plan for the retirement however is through investment. There is need to invest whether it is offline or online. However, one needs to be very careful while investing. This is because there are many websites these days that are only against people's money. There are even some offline investments that are not that legit. One can also try to buy shares from banks and other financial institutions. This will also serve as a way of preparing for the retirement days. A self employed person should be thinking of retirement when his age is not productive again.. [/QUOTE]
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How to plan for retirement if you are self employed?
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