Self-employed put business before pensions

Posted on Jul 3 2018 - 11:05am by Editorial Content
RATING

More than three quarters (79%) of the self-employed and workers in small businesses admit to not saving enough for retirement. In a poll of 2,903 such workers by Intuit QuickBooks, 38% blamed a lack of spare funds; 15% said they preferred to invest any spare cash in their business; and 9% said they viewed their business as their retirement nest egg.

Prioritisation of business growth means many entrepreneurs are also missing out on holidays, with 64% taking five or fewer days holiday in the last year.

https://quickbooks.intuit.com/uk/

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