By Zach Conway
Millennials have redefined the meaning of work as we break away from the corporate trends of generations past. In fact, a 2015 Deloitte report found that 54% of Millennials had started or had planned to start their own businesses by year-end.
Countless personal finance articles offer retirement planning advice for our generation, but the guidance doesn’t always apply to the more than half of us that will seek self-employment rather than a traditional career track. A recent Motley Fool article explored how young people manage their finances for the future and found that we are “at a real risk of outliving retirement savings.”
While this is true for our generation across the board, young entrepreneurs require more tailored financial advice to build personal wealth and reach financial security.
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