No predictable monthly income? How gig workers can use NPS to save for retirement and build a long-term corpus
· livemint.com
NPS can help gig workers, freelancers and self-employed individuals build a retirement corpus even when their monthly income fluctuates. Experts suggest saving a percentage of each payout, starting early and making larger contributions during stronger earning months.
For a salaried employee, putting a fixed amount into retirement savings every month can be relatively straightforward. For a freelancer, consultant, delivery pa...