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5 retirement planning mistakes self-employed workers should avoid

from Yahoo News

As of 2015, an estimated 15 million U.S. workers have said "no, thanks" to a regular 9-to-5 gig, opting instead to go the self-employment route. While being your own boss offers a degree of freedom and flexibility that's not always present in a traditional career, one thing that's lacking is access to an employer's retirement account. Self-employed workers need to be acutely aware of what that means for their long-term retirement plans, says Grey Merryman, senior director of wealth planning for Wells Fargo Private Bank in Charlotte. more


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