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Self-employed retirement planning
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[QUOTE="Stunna, post: 321774, member: 96305"] Retirement planning is important for everyone, including the self-employed. As a self-employed individual, you are responsible for your own retirement planning and savings, and you don't have access to employer-sponsored retirement plans. You can use retirement calculators to determine how much money you will need to save for retirement. This will depend on factors such as your current age, expected retirement age, and estimated retirement expenses.You should research each option to determine which one works best for you based on your income, tax situation, and retirement goals. When choosing a retirement plan, you should set up automatic contributions so that you are consistently saving for retirement. Aim to contribute as much as you can afford, and increase your contributions as your income increases. It's important to regularly monitor your retirement investments to ensure they are performing well and meeting your retirement goals. If necessary, consider adjusting your investments based on your risk tolerance and retirement goals. Always make investment decisions that align with your retirement goals. Finally, it's never too early or too late to start saving for retirement. The key is to create a plan and stick to it. [/QUOTE]
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