Category: Gen-X

Planning for retirement as a self-employed individual requires a strategic approach to savings and investment. In 2025, various retirement plans cater to different financial goals, risk tolerances, and income levels, ensuring that everyone—regardless of gender—can secure a stable financial future. This article explores the top retirement savings options, including SEP IRAs, Solo 401(k)s, SIMPLE IRAs, and traditional vs. Roth IRA strategies. It also covers key tax advantages, contribution limits, and how to maximize benefits based on your income and business structure. Whether you’re an entrepreneur, freelancer, or small business owner, finding the right plan can make all the difference in achieving long-term financial security.