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The Independent UK
The Independent UK
Shaheena Uddin

How much a young person in the UK needs to save in order to retire comfortably

United Kingdom

Today’s young Britons would need to save more than £1 million to retire comfortably without depending on wages, new research suggests.

Due to the rising cost of living, coupled with longer life expectancies, 18- to 30-year-olds need £1,183,363 to stay financially independent until age 90 after retirement, according to a new study.

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