Retirement saving when nobody matches you

5 chapters·15 min·action plan·mastery check

Chapter 1 of 5

The idea

Freelancers often save for retirement at half the rate of employees. Not because they earn less — because nothing's automatic.

Make it automatic

Open a personal retirement account and set a monthly or percentage-of-income transfer. Most countries still give tax relief on contributions, so each $80 you put in might become $100 or more. Aim for 12–15% of profit including any relief.

Predict first

Employees often get an employer contribution of around 3–5%. What do the self-employed get by default?

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