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Gig Economy Retirement Planning

January 4, 2022

Gig workers, like everyone else, deserve a pension. Freelancers, contract workers, self-employed, temp workers, on-call employees, and individuals with side hustles make up a significant component of our economy.

Currently, 57 million Americans are estimated to be gig workers. Since March of last year, freelancing and gig marketplaces like Gigspot and Upwork have reported growth in users. Freelancers may make up half of US employment by 2023. Statista reported data from a 2018 poll in January indicating 27% of full-time gig workers had no retirement savings.

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