No predictable monthly income? How gig workers can use NPS to save for retirement and build a long-term corpus
Gig workers can effectively save for retirement using the National Pension System (NPS), which allows flexible contributions based on income fluctuations. Experts recommend setting aside 5-10% of each payment, with a goal of 15-20% over time. This approach enables gig workers to build a retirement corpus without needing a predictable monthly income.