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    Savers Face 'Mattress Penalty' on Returns

    3 weeks ago

    15

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    Individuals saving €300 monthly for 30 years may lose nearly €500,000 due to the 'mattress penalty.' This term refers to the significant opportunity cost of not investing savings in higher-yielding options. Many savers are unaware of the potential returns they are missing by keeping their money in low-interest accounts or cash.
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