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Evening Standard
Evening Standard
Vicky Shaw

Typical worker ‘would need to save over a lifetime’s earnings to become wealthy’

People starting life wealthy tend to stay wealthy, and vice versa, the Resolution Foundation said (Joe Giddens/PA Archive) - (PA Archive)

Britain’s wealth gaps mean that a typical worker would need to save more than a lifetime’s worth of earnings to become wealthy, according to analysis by a think tank.

The Resolution Foundation said that it would take 52 years’ worth of typical earnings – £1.3 million in total – to move from the middle to the top of the wealth distribution.

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