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These investors need to save for retirement.
We also need to save for expenses down the road".
Knowing you need to save for retirement is just the start, he said.
In poorly developed financial systems, households find it hard to borrow and so need to save for a rainy day.
Everyone agrees that more people need to save for their retirement if we're to address our growing pensioner poverty crisis.
Given the £200 monthly limit, you will probably need to save for more than four years to reach that sum.
But when I reached 25, 26, I was like: 'Right, I need to save for a house'.
Young people need to save for their future and there are currently few incentives to help them do so.
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And that money I needed to save for when I'm 80 years old.
"We had no idea that we needed to save for a rainy day because we would have to move our homes," Mr. Albury said.
I'm more financially secure than he is, and I know there are lots of things he needs to save for.
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