Retirement Planning

man staring at spreadsheets

Starting a Consulting Business After Retirement: 4 Tips

By MBO Partners

A big career change like retirement can unsettle even the most accomplished professionals. But if you’re like many people who still feel like they have great work to do, you can use your transition to retirement as an opportunity to launch a profitable and fulfilling career as an independent professional, joining a 38 million-strong workforce of talented workers….

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Challenges Independent Contractors Face: Planning for Retirement

By Rian Ervin

Planning for retirement is a challenge for many independent professionals. As a typical employee, you can rely on your employer to provide 401(k) plans or other options to help prepare for retirement, but when you run your own business putting a plan in place is up to you. Luckily, there are many retirement options available…

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man looking at charts

Retirement Planning Tips For Self Employed Professionals

By MBO Partners

As an independent professional, you love what you do, but looking forward towards the end of your career you won’t be running your business on a full-time basis forever. More than 15 million independents work full time, more than 15 hours per week. Whether you are just starting your small business or you have an…

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chart and pen

Solo 401k for Self Employed and Small Businesses

By MBO Partners

The challenge and uncertainty of planning for retirement is a common concern among self-employed professionals, even as you enjoy the flexibility, control, and creativity an independent career offers. At a traditional job, you have the benefit of built-in retirement options, but this field can be more difficult to navigate on your own. Fortunately, there are…

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man and woman talking

Retirement Options: SEP IRA for Self Employed Professionals

By MBO Partners

As a self-employed professional, you enjoy the flexibility, control, and creativity an independent career offers. However, the challenge and uncertainty of planning for retirement is a common concern. At a traditional job, you have the benefit of built-in retirement options, but this field can be more difficult to navigate on your own. Fortunately, there are…

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consultants working together on laptop

Overcoming the Top Consulting Challenges

By MBO Partners

Working as an independent consultant and being your own boss offer a number of benefits including setting your own hours, determining your specialties, and choosing your clients. However, independent consulting is not without its challenges. In MBO’s State of Independence report, we surveyed independent consultants to learn about their experiences, goals, and difficulties. Here, we…

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consultants looking at laptop

4 Retirement Plan Options for Self-Employed

By MBO Partners

Self-employed professionals enjoy the flexibility, control, and creativity an independent career offers, but the challenge and uncertainty of planning for retirement is a common concern. At a traditional job, you have the benefit of built-in retirement options, but this field can be more difficult to navigate on your own. Fortunately, there are a number of solutions…

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group of professional consultants looking at laptop

Defined Benefit Plan for Self-Employed: Pros and Cons

By MBO Partners

Self-employed professionals enjoy the flexibility, control, and creativity an independent career offers, but the challenge and uncertainty of planning for retirement is a common concern. At a traditional job, you have the benefit of built-in retirement options, but this field can be more difficult to navigate on your own. Fortunately, there are a number of…

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consultants working together on laptop

SIMPLE IRA: Self Employed Contributions and Limits

By MBO Partners

Self-employed professionals enjoy the flexibility, control, and creativity an independent career offers, but the challenge and uncertainty of planning for retirement is a common concern. At a traditional job, you have the benefit of built-in retirement options, but this field can be more difficult to navigate on your own. Fortunately, there are a number of…

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