Self-employed workers tend to have lower levels of pension savings, and a greater reliance on the State Pension. Changes to thresholds may mean that some are at risk of losing their state pension.
We’re all living longer so there’s more of life to enjoy, but this means we should start to plan for retirement earlier. The retirement landscape is constantly changing, so it’s important you understand current and planned changes and what they mean for you as you move towards retirement.
There is going to come a time when you can’t work anymore and therefore can’t earn a regular income. That may seem a long way off but the sooner you start saving for that future, the sooner you can ensure it’s a happy and enjoyable one.