How Do I Save For Retirement As A Freelancer?

I’ve been freelancing part time since 2007 (I first began freelancing as a side hustle in 2007 as a college student) and I  can tell you first hand that it can be tough to save money. It can be even tougher to save money for retirement. It’s one of the reasons why I some days wish I had a full time job because saving for retirement is much easier when an employer is pulling money out of your paycheck.

But when you are self employed you have to learn the art of discipline. You have to figure out what works for you much sooner than later.

According to recent statistics it is estimated that over 54 million Americans identify as freelancers, contractors, and or self employed. If you do the math correctly that equates to 1 out of three workers. Since we as freelancers don’t have the luxury of having someone putting money aside for us, we have to make sure we are adequately informed about our options for retirement savings.

According to a national scientific poll conducted by Greenberg Quinlan Rosner Research in 2016, at least 40% of the participating freelancers didn’t have a formal retirement plan. At the same time, 52% of the respondents were concerned about the unavailability of employer-sponsored retirement plan when choosing to freelance over traditional employment.”

As a freelancer these findings come as no surprise. Saving can be tough and when you add that with the up and down income of a self employed person it can be even more challenging.

Fortunately, there are ways to save for retirement. Here are just a few of those ways:

Solo 401(k)s

As noted earlier, when you’re a freelancer you have the opportunity to set up your own but the challenge is you need a financial company that will offer plans while also accessing mutual funds within them.

With a solo 401k retirement plan you only have to have some sort of self-employment activity and lack of full-time employees.


These plans involve less paperwork, but have so many rules. It is extremely popular among small business owners and freelancers.  It offers higher contributions, allowing you to contribute up to $54,000 in 2017.

Stash App

One of my favorite ways to ease into investment is through the stash app. Stash is a smartphone-based investment app that enables you to save and invest very small amounts of money. If you invest today using this link, BGG Enterprises will give you $5 towards your first investment.


56 thoughts on “How Do I Save For Retirement As A Freelancer?”

  1. sig sauer mpx

    118189 332973I discovered your blog website on google and verify several of your early posts. Continue to maintain up the superb operate. I simply extra up your RSS feed to my MSN News Reader. Looking for forward to reading extra from you in a while! 788020

  2. World Market Link

    618095 987790Wahhhh,!! I dnt believe its food thats producing her tummy groww!!|tiitaBoo| 306906

  3. illuminatiheadofficial

    564377 637766But wanna remark that you have a quite decent internet internet site , I really like the style it truly stands out. 131889

  4. Fortune games

    542921 885436The next time Someone said a weblog, I hope that it doesnt disappoint me just as a lot as this. Come on, man, I know it was my choice to read, but When i thought youd have some thing intriguing to say. All I hear is truly a handful of whining about something you could fix inside the event you werent too busy searching for attention. 178783

  5. เสริมหน้าผาก

    479942 881044We are a group of volunteers and opening a new scheme in our community. Your internet website given us with valuable data to work on. Youve done an impressive job and our entire community is going to be grateful to you. 370074

  6. relx

    584555 522139Thanks for the info. And a response from you. car dealers hips san jose 74694

  7. Mario

    What a material of un-ambiguity and preserveness of precious experience about unpredicted

  8. Beth

    Hi there to every , as I am truly keen of reading this weblog’s post to be updated daily.

    It consists of nice material.

  9. Virgil

    Can I simply say what a relief to find someone that really understands what they are discussing on the net.You definitely realize how to bring an issue to light and make it important.More and more people ought to look at this and understand thisside of the story. I can’t believe you aren’t more popular because you definitely have the gift.

  10. Adrianna

    We are a gaggle of volunteers and starting a brand new scheme
    in our community. Your web site provided us with helpful
    information to work on. You have done an impressive job and our whole neighborhood
    will probably be grateful to you.

  11. Columbus

    Asking questions are truly pleasant thing if youare not understanding something entirely,however this piece of writing presents good understanding yet.

  12. Sophia

    I like the helpful information you provide on your articles.

    I will bookmark your blog and test once more here frequently.

    I’m rather certain I will learn many new stuff proper right here!

    Best of luck for the following!

  13. Sterling

    Magnificent goods from you, man. I’ve understand your stuff previous to and you’re just too magnificent.I actually like what you have acquired here, really like whatyou are stating and the way in which you say it.You make it entertaining and you still take care of to keepit wise. I can not wait to read far more from you. This is really a terrific website.

  14. Ludie

    Hi everyone, it’s my first pay a quick visit at this
    site, and post is really fruitful designed for me, keep up posting these types of content.

  15. Muhammad

    Hi Dear, are you genuinely visiting this web site
    daily, if so afterward you will definitely get fastidious experience.

  16. Lyn

    Undeniably believe that which you said. Your favorite justification appeared to be on the
    internet the easiest thing to be aware of.
    I say to you, I certainly get annoyed while people think about worries that they plainly don’t know
    about. You managed to hit the nail upon the
    top and also defined out the whole thing without having side-effects , people could take a
    signal. Will probably be back to get more. Thanks

  17. Ward

    My brother recommended I might like this web site. He was entirely right.This post truly made my day. You cann’t imagine justhow much time I had spent for this information! Thanks!

  18. Luca

    I’m more than happy to discover this website. I wanted to thank you for ones
    time just for this wonderful read!! I definitely loved every bit of it and I
    have you book marked to look at new information on your blog.

  19. Freda

    Hello, always i used to check blog posts here earlyin the break of day, since i love to find out more and more.

  20. หูฟังล่าม

    967948 655617Fantastic beat ! I would like to apprentice whilst you amend your internet internet site, how can i subscribe for a blog web site? The account helped me a applicable deal. I had been tiny bit acquainted of this your broadcast provided shiny transparent thought. 687289

  21. Jestine

    Hello! I know this is kind of off topic but I was wondering which blog platform
    are you using for this site? I’m getting tired of WordPress because I’ve had issues
    with hackers and I’m looking at alternatives for another platform.
    I would be fantastic if you could point me in the direction of
    a good platform.

  22. Vinita

    Touche. Outstanding arguments. Keep up the amazing spirit.

  23. Maddison

    My brother suggested I might like this web site. He was entirely right.
    This post actually made my day. You cann’t imagine simply how much time I had spent for this info!

  24. Cathleen

    I’m extremely pleased to find this page. I wanted to thank you for ones time just
    for this fantastic read!! I definitely loved every part of it and i also have you bookmarked
    to look at new stuff on your blog.

  25. Bill

    Valuable information. Fortunate me I discovered your website by accident, and
    I am shocked why this accident did not came about earlier!
    I bookmarked it.

  26. Sharyl

    I have been surfing on-line more than three hours as of late, yet I never discovered any attention-grabbing article like yours.
    It’s lovely worth enough for me. In my opinion, if all
    site owners and bloggers made excellent content material as
    you probably did, the web will be a lot more useful than ever before.

  27. Numbers

    WOW just what I was searching for. Came here by searching
    for website


    I enjoy what you guys are usually up too. This type of clever work
    and exposure! Keep up the wonderful works guys I’ve included you
    guys to my personal blogroll.

  29. Daniella

    Do you have a spam problem on this site; I also am a
    blogger, and I was wondering your situation; many of us have created some nice procedures and we are looking to swap methods with other
    folks, be sure to shoot me an email if interested.

  30. Javier

    I have read so many articles or reviews regarding the blogger lovers but this paragraph is actually a fastidious piece
    of writing, keep it up.

  31. Rocky

    Hi all, here every one is sharing such knowledge, so it’s nice to
    read this weblog, and I used to pay a visit this web site every day.

  32. Tequila

    Hurrah, that’s what I was looking for, what a information! existinghere at this blog, thanks admin of this web site.

  33. Melina

    This is really interesting, You’re a very skilled blogger.

    I have joined your feed and look forward to seeking more of your fantastic post.
    Also, I have shared your site in my social networks!

  34. Eloy

    Greetings from California! I’m bored to tears at work so I decided tobrowse your blog on my iphone during lunch break. I really like the info you present here and can’twait to take a look when I get home. I’m surprised at how quick your blog loaded on my mobile ..I’m not even using WIFI, just 3G .. Anyhow, excellent blog!

  35. Betsy

    Howdy! I know this is somewhat off topic but I was wondering
    if you knew where I could get a captcha plugin for my
    comment form? I’m using the same blog platform as yours and I’m
    having trouble finding one? Thanks a lot!

  36. Jeffery

    What’s up, its fastidious piece of writing concerning media print, we all be familiarwith media is a great source of facts.

  37. Elba

    I read this piece of writing completely about the resemblance of hottest and preceding technologies, it’s remarkable article.

  38. Ellsworth

    Hi there Dear, are you truly visiting this web page regularly,if so then you will without doubt get good knowledge.

  39. Dorcas

    What’s up, after reading this remarkable paragraph i am as well delighted to share my experience here with mates.

  40. Salvador

    Write more, thats all I have to say. Literally, it seems as though you reliedon the video to make your point. You definitely know what youre talkingabout, why waste your intelligence on just posting videos to your blog when you couldbe giving us something enlightening to read?

  41. en iyi casino siteleri

    374166 661286Oh my goodness! an incredible post dude. Thank you Nonetheless Im experiencing challenge with ur rss . Don know why Unable to subscribe to it. Is there anyone obtaining similar rss drawback? Anybody who knows kindly respond. Thnkx 339952

  42. Jutta Chiv

    Hi, Neat post. There is an issue with your website in web explorer, might test this… IE still is the marketplace leader and a good portion of other folks will miss your magnificent writing due to this problem.

  43. Catina Brostoff

    Some really great content on this web site, regards for contribution. “A religious awakening which does not awaken the sleeper to love has roused him in vain.” by Jessamyn West.

  44. Lavern Levendoski

    I really enjoy looking at on this internet site , it contains excellent blog posts. “Sometime they’ll give a war and nobody will come.” by Carl Sandburg.

  45. Ronald Baumgarter

    F*ckin’ awesome issues here. I am very happy to peer your post. Thanks a lot and i am having a look ahead to touch you. Will you kindly drop me a e-mail?

  46. Donte Thoren

    I went over this web site and I conceive you have a lot of wonderful information, saved to favorites (:.

  47. Marlon Wagganer

    I genuinely enjoy reading through on this internet site , it holds great content . “Dream no small dreams. They have no power to stir the souls of men.” by Victor Hugo.

  48. Neta Bramlitt

    Thank you for the sensible critique. Me and my neighbor were just preparing to do some research on this. We got a grab a book from our local library but I think I learned more from this post. I’m very glad to see such magnificent info being shared freely out there.

  49. Darius Surowka

    Absolutely pent written content , appreciate it for selective information .

  50. Dewey Friesen

    I believe you have noted some very interesting points , appreciate it for the post.

  51. Roseanne Mintz

    I was studying some of your content on this website and I conceive this site is very informative! Retain posting.

  52. Ta Kores

    Thanks, I have recently been searching for information about this topic for ages and yours is the greatest I have came upon till now. However, what concerning the conclusion? Are you positive about the supply?

  53. Trina Cioffi

    Some really prize blog posts on this website , saved to favorites .

  54. Brittani Ye

    I have not checked in here for a while because I thought it was getting boring, but the last few posts are good quality so I guess I will add you back to my daily bloglist. You deserve it my friend 🙂

Comments are closed.