Over the years I have been self employed and tried different careers. I have never really been in the position to save into a pension as I seem to have spent most of my life just about getting by. I went into debt starting my current business which has become a success giving me 50K a year and working from home dont have to pay child care costs. Debt has been paid off. I am now sweating I should have started a pension by now but even when I look online I quickly get lost in detail, I dont even know why do I start a pension or just save money.
I can put £200 month into pension at the moment which I know wont equate to much but need to start something and can possibly add to over time. I have just signed up a mortgage and have two children so looks like things will still be tight but need to start something.
Each time I search online I get info on people wanting to draw on pensions at my age not start them, its very depressing!
Any help appreciated