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World English Dictionary
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life-cycle savings motive
life-cy·cle sav·ings mo·tive
noun
Definition:
saving for retirement:
the desire to be able to consume more during retirement considered as a reason for people to save during their working lives
Encarta® World English Dictionary [North American Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
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