retirement savings
Retirement savings refers to funds set aside by individuals during their working years to support their financial needs and maintain their desired lifestyle after they stop working. These savings are typically accumulated in various investment vehicles such as retirement accounts, stocks, bonds, or real estate properties, with the goal of generating income or growth to provide financial security in retirement.
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Related Concepts (1)
Similar Concepts
- disposable income and savings
- government savings
- national savings
- pension funds
- pension plans
- pensions
- retirement
- retirement age
- retirement benefits
- retirement contributions deductions
- retirement income adequacy
- retirement planning
- retirement savings deductions
- saving and investing
- tax deductions for retirement savings