Self-employed? Do you have a pension fund?

I am so blessed to have people in my life who have been so great in advising me how to look after money. It's my husband, mostly, who is incredible at helping with these things. Life after a full-time job means NO PENSION fund. So you leave your job and you get your pension payout. As tempting as it may be to want to live off that money, especially not knowing if you are going to be getting any the next month, I was advised to immediately put that money into my own 'pension fund' savings. Apparently I can't teach music 'till I'm 90!?

In fact people are retiring earlier and earlier these days, and in truth 65 is a long time away. I'm sure by that time, know one will be hiring granny for that cocktail gig. My hearing won't be as sharp for teaching and I might just be tired of telling kids to use their left hand on top of the recorder instead of their right. Not to mention other potential things that can go wrong in life, not to be negative, but life can be expensive (and it's not getting any cheaper), and not having provisions for your future can make life difficult when you get there.

So, my questions to you, if you are working for yourself are: do you have some sort of pension fund or shares? Have you got some kind of medical aid or hospital plan? Because even though you might think it's costly to have those things now, it will make your life a whole lot less stressful when you need them. 

I have been currently living from month to month this year, because I have not known if I would earn enough to cover the expenses I was paying for last year. While my husband works full-time, we have a bond to pay, and the knock of a salary can be quite stressful when you aren't sure if you are going to make it through the school holiday months. I'm not moaning here, God has been good to us, it's just that I know that it is not always easy to save if you aren't getting a little 'extra' every month. I'm just trying to point out that if you are not thinking about your future, even just putting away a R100 a month (or more or less), then maybe you need to get on with it! 

Disclaimer: Please note that the picture in this blog does not belong to me.