Back in the day, you got a job at a single company. From there, you signed up for their 401(k) package, had predictable Social Security benefits, and may have even had a pension to boot.
Over time, these luxuries have slowly been stripped from the modern employee. Pensions are a thing of the past. Social Security is anything but certain over the long-term. And 401(k)s are still common perks — for full-time employees, that is. However, the meteoric rise of the gig economy has created a massive pool of tens of millions of self-employed individuals who lack even this basic retirement staple as an option for their financial future. [Read more…]