Start saving at 25 for retirement

The next generation face being in their 50s before they have paid off their student loans and in their 60s before they are mortgage free, research suggests.

The Scottish Widows study argued that rising life expectancies, combined with people being saddled with large debts earlier in life, mean that today's children should start saving for their retirement at the age of 25 if they want to enjoy a comfortable old age.
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