Self-Employed.

Use this forum to discuss the July 2022 Book of the Month, "Reconfigurement", by E. Alan Fleischauer
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Jane Ogwang
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Re: Self-Employed.

Post by Jane Ogwang »

I believe Entrepreneurs have to retire too. That period of rest is vital for everyone. Self-employed people have to find the right plan and implement it with discipline. No one should work their whole lives.
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Post by Ruthwriter »

An entrepreneur should retire. even if he doesn't want to, his body will as there is time for everything.I believe it is a time when their children need them for some life lessons consultation.
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Post by Victor Jerry I »

bishop_444 wrote: 01 Jul 2022, 16:19 Absolutely! I think entrepreneurs just have to do a bit more planning than people working as employees at a company. Also, entrepreneurs need to do more research to find a retirement plan that best suit their lives. But all-in-all, it is completely doable and should be done at a younger age so there will be more to work with in the end.
I totally agree with you on the fact that entrepreneurs need to do more research work to find a retirement plan. I feel a good entrepreneur would get to train other people who would keep their organization in business when they are getting older. There are also retirement plans that if one engages in at any early age, the subject matter of retirement would not be frightening. An entrepreneur can start paying premiums at an early age as the case may be.
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Post by Reading_Jack »

Sure, entrepreneurs can retire, but it's not regular like that of an employee.
A successful entrepreneur that has done well can retire and still work from time to time.
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Maliha Naveed
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Post by Maliha Naveed »

Yes, they should also retire. That’s the advantage of being self-employed. You can retire whenever you feel like. But, at the same time, you keep contributing to the society by sharing your ideas that other people could use, specially the youngsters.
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Post by abstactlemon »

It think retirement is an archaic concept. Working till you're 60, and then being too old to really enjoy the benefits of your hard work doesn't really make sense to me. I also think people should work for however long their able and willing to.
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Post by Chinaka94 »

Entrepreneurs should also prepare a successor to carry on the business and organize a payment plan to sustain themselves throughout their lives.
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Post by Yulisa Sanchez »

In my opinion, I dont think being employed or being self-employed should dictate whether someone gets to retire or not. The emphasis of the book was to plan for retirement and I dont think the type of job should impede that because by planning early enough, then there is a path laid out to retire someday.
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Post by Ivan Mukaaga »

Even entrepreneurs can also retire, the difference it that an entrepreneur will continue being in control of their investments even after retirement from active work.
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Post by Favi001 »

Yes. It’s only right that at a certain age, people should rest more often and do less work. So entrepreneurs should also retire once they are old enough.
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Post by Boo_loves_books »

Whether one is employed or self-employed, one's goal in life is never to work for the sake of working but to work towards building a comfortable and secure life that can be enjoyed with loved ones. That being said, it is vital that the unemployed are able to retire so they may enjoy the fruits of their labour. Not only does this mean they will have to work out a retirement plan to suit their employment situation, but they also need to train leaders that will keep the company going long after the founder has retired.
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Post by Korie Ifeoma Chisomaga »

Yes, self-employed. Although we understand that it's not all people that are cut out for business, it's better.
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Post by Peace10 »

Self employed will also retire. But before retiring, they can research retirement plans that matches their income. There are a lot of them.
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Post by Nnekazoe »

I think self-employed should retire and can pass their profession to their next of kin or successor and still look into the business once in a while to create perfection.
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Post by Eze Michael »

In my opinion, entrepreneurs should also retire and I say this because health stability is a factor that contributes to the success of every business venture. It is necessary to pass the baton to a younger person.
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