Definition, Meaning & Synonyms

lifetime-savings

noun

/ˈlaɪf.taɪm ˈseɪ.vɪŋz/

Definition

The total amount of money that a person saves throughout their entire life.

Examples

Many people rely on their lifetime savings to support themselves in retirement.
She managed to build a substantial lifetime savings by being disciplined with her finances.
Unexpected medical expenses can quickly deplete one’s lifetime savings.

Meaning

Lifetime savings refer to the financial reserves accumulated over a person’s working years, intended for use during retirement or unexpected expenses.