Being self-employed means that you have to handle most or all administrative tasks on your own, and that includes planning for retirement. A lot of people associate being self-employed with instability, and having retirement being taken care of by your employer is one of the reasons many decide to stick to a day job.
It does not matter what stage of life you are on; having an extra source of income is always a good thing. And if you have retired just recently, then this fact is truer for you. When you are retired, you just want to lead a happy and calm life where you don’t have to …
Self-employment is exciting but can also be stressful if you don’t have a guaranteed source of income or work on a short-term contract basis. When it comes to planning for your retirement as a self-employed worker, this can be even more tricky as your income fluctuates. This makes paying the standard recommendation of 10-15% first …
As important as it is to focus on the present day, it’s also crucial that you have at least one eye on the future at all times, especially when it comes to your finances. Doing this will ensure that you are able to carry on enjoying the standard of living that you are used to …
