Self employed pensions?

[sashafierce]

Was having a horrible thought today about my future, I'm 34 and have been self employed 8 years. Iv not even thought about my future [emoji85] so just wondered what do you all do ?

Do you use a certain pension scheme? Or simply put money aside?

 

[CFBS]

Definitely a proper pension plan.
Do lots of research on line about different ones and if still unsure see a financial advisor.
The later in life you start paying in the more you’ll have to save each month to get a reasonable amount out at the end.
I started with Scottish equitable when I was 23.

 

[BannerPenguin]

Yeah, you definitely want to get a proper pension in place and literally pay as much as possible in. If your self employed, if you haven't already, set up a limited company. Many benefits in doing so and the company can match your contributions so worth talking with your accountant too.

I only got my pension set up early last year. Some of Aviva's funds are quite good and you don't have to worry about managing anything. I personally went the route where I decide my own pension investment into funds I select and I can then change my risk when I'd like.

 

[salonfrog]

The other thing to do (if you haven’t already) is to check your NI credits to ensure you have one for each year - these go towards your state pension.
I’ll PM you a link in case you haven’t checked.

 

[BannerPenguin]

The other thing to do (if you haven’t already) is to check your NI credits to ensure you have one for each year - these go towards your state pension.
I’ll PM you a link in case you haven’t checked.

I'd like that link please be handy to have.