There's one giant thing gig workers can do to save for retirement --- but most aren't

One problem is the growing number of Americans in the so-called “gig” economy, where earning one’s wages is usually defined by independent, short-term working relationships between a worker and employer, or series of employers.

Adding to this challenging reality is new data from the Washington-based Pew Charitable Trusts, which says that accessing retirement savings through a spouse or partner’s retirement plan probably isn’t an option for gig workers, either.The good news here is that when these plans are offered, the vast majority of “traditional” workers participate in them, Pew’s research says.

Absent coordination with a spouse or partner, there are certainly ways for gig workers to save on their own. There are solo 401 plans, traditional and Roth IRAs, and SEP-IRAs that give the workers the possibility of salting away tens of thousands of dollars a year .The problem here is that many folks think of saving for retirement as an afterthought, perhaps putting whatever’s left at the end of the month into a plan. My advice here—I can’t stress this enough—is to pay yourself first.

Come on. Many of us are barely making it through the month. Let’s focus on these people

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