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Source: The Guardian
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Nearly 15 million people in the UK are not saving enough for retirement, with the figure potentially rising to 19 million if urgent action is not taken. Many individuals, including young workers and freelancers, face difficulties in building their pension funds due to low income, high living costs, or inconsistent employment. Despite some having pension savings, concerns about the adequacy and longevity of their funds remain, highlighting widespread financial insecurity and the risk of inadequate retirement income.
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