Can An Online Freelancer Ever Get "Retired"?

[Good-Guy]

Whenever we hear the term "retirement", we often think about a government servant or an employee who has worked for many years or served the government for a really long period of time. Moreover, the term "retirement" could also apply to people who worked for private organisations like banks, companies, etc and now they are planning to "retire" from their duty. However, we have many categories of workers in the world and one of the most important and famous category is that of online freelancers who tend to work online for client and make money. There are many difficult aspects of freelancing when it comes to "retirement".

First of all, a freelancer never receives any kind of pension from any governmental institution or private company because an online freelancer never actually works for any such kind of organisations. It might be possible that some taxpayers in certain countries might get stimulus checks from the government. However, this NEVER happens in all the countries, especially in those countries where economy is poor or totally collapsed. Moreover, the clients of online freelancers obviously do not pay any kind of pension. So how can we look at this issue when it comes to retirement of an online freelancer?

 

[Shaf]

As a freelancer, you always need to exchange your time and efforts for a client to pay you. Simply, this means if you do no work, you don't get paid.

However it doesn't necessarily mean you can't retire and have your time to yourself. If you happen to have alternative means of income, or maybe you've already signed up with a pension company for a long while even before retiring, you can still get paid.

I think the best thing to do is to plan ahead for something that will pay you when you want to leave freelancing. You can plan to have an agency for freelancers where you manage the affairs of other freelancers using your experience.

You can teach others how to start or become better at freelancing which can even generate passive income for you. Or you can diversify info other related fields where you may not even need to work a lot tonstull earn money.