British Worker Would Need 52 Years of Earnings to Reach Top 10%

A typical full-time worker in Britain would need to save all their earnings for 52 years to accumulate £1.3 million.

The estimate assumes all earnings are saved, leaving nothing for bills.

Passive gains, including rising property values, helped widen wealth inequality in Britain since 2010.

Report co-author Molly Broome said, “Wealth mobility in Britain is low. People that start life wealthy tend to stay wealthy, and vice versa.”