Many Challenges may Freelancers face after Retirement and need to be addressed carefully at right time.
Are you a freelancer? That’s great, you can work form anywhere from the world. Can make amazing income from your freelancing work skill you have. But there are many Challenges may Freelancers face after Retirement
As per analysis report, self-employment is that the latest trend within the business world, with quite seven out of ten tiny business homeowners trying to grow their own business rather come back to ancient employment.
Everyone want to lead a great successful life and in the race of earning money, majority of freelancers NOT able to plan their retirement. Missing golden opportunity in their life.
To fill out this gap and make a clear bridge between the freelancer life and the challenges they may face in during retirement if not planned at right time.
Uneven Financial Flow
As a freelancer, the financial flow is not constant there are uneven flow of money due to ups and down in the demand of their services. This lead to the financial crises at any time and initially freelancers are not prepared for this dip.
“Without a safety net for small business, such as health care, unemployment compensation or emergency savings, many small business owners will limit their own potential as a way to mitigate risk,” said Matthew Baker, vice president of strategic planning at Fresh Books. Source- businessnewsdaily
So they must be learnt a habit of saving money for retirement.
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Lack of Peace of Mind
This can be great problem for any freelancer that face after retirement if he has not planned his retirement at beginning of their life. Or he has not learnt the art of saving money from initially.
Lacking in this aspect lead to instability as measured from peace of mind.
No settled Plan at one place
In the beginning no dought, as freelancers get great pleasure to work and travel around the world and visit beautiful cities. And at the end he may realize that there is no any proper place for settlement at one place. This is great problem and Challenges may Freelancers face after Retirement.
This should be addressed by everyone and think about settlement at beginning.