1. Start saving early: As a self-employed individual, you may not have access to a company-sponsored retirement plan. It’s important to start saving for retirement as soon as possible to take advantage of compound interest.

2. Consider setting up a SEP IRA or Solo 401(k): These retirement accounts are designed for self-employed individuals and offer tax advantages. Consult with a financial advisor to determine which option is best for you.

3. Create a retirement savings goal: Determine how much you will need to live comfortably in retirement and set a savings goal. This will help you stay on track and ensure you are saving enough.

4. Diversify your investments: Spread your retirement savings across different asset classes to reduce risk and maximize returns. Consider working with a professional to create a diversified investment portfolio.

5. Monitor and adjust your retirement plan: Regularly review your retirement savings and make adjustments as needed. Life circumstances and financial markets can change, so it’s important to stay proactive.