How does your wealth compare with other people your age? š
These figures show the median household wealth for different age groups in Great Britain, based on ONS data.
And āwealthā means much more than the money sitting in your bank account.
It includes:
š Property wealth, after mortgagesš· Private pensionsš Savings and investments, after financial debtsš Physical wealth, such as vehicles and possessions
So if youāre working yours out, donāt forget your pension or the equity you have built up in your home.
One important point: these figures are NOT targets for how much you āshouldā have at each age.
They simply show the median wealth of households in each age group, meaning half have more and half have less.
The figures come from the ONS Wealth and Assets Survey covering April 2020 to March 2022, the latest detailed household wealth data available.
How do you compare? š
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