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Wealth Professional

How the gig economy is becoming the new retirement plan

By Leo Almazora

The retirement outlook for workers is getting thornier by the year. Company pension plans have become less dependable, healthcare costs are rising, public plans are getting stretched, and people are living longer.

That means people have to earn more while they can — and for many, that means going outside traditional notions of employment. According to a new report from digital advice firm Betterment, more than one in three US workers are freelancers, and the figure is expected to reach 40% by 2020.

Read the Original Article

This article originally published May 22nd, 2018 on Wealth Professional

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