Saved, Being Saved, and Will Be Saved

Martyn Lloyd-Jones on God's salvation in Rom. 1:16:

Let us never use the term "salvation" glibly, or lightly, or loosely. Let us never stop at just saying, "I am saved," or "I have been saved"; let us put equal emphasis on the fact that we are being saved. . . .  

. . . let us, therefore, use the term carefully. Thank God, in Christ we can say we have been saved; but we say it as realizing what we mean. We also mean that we are still being saved. We also mean that we shall not be finally saved in this life, in this present world; that our glorification, which is an essential part of salvation, is beyond this world, and beyond this life. It is coming. It is certain. But not yet. We have been saved. We are being saved. We shall be fully and finally and entirely saved. Salvation—great salvation! God's salvation!

—Romans: An Exposition of Chapter 1, The Gospel of God (The Banner of Truth Trust: Edinburgh, 1985), 279-280.