In this video we’re looking at income and net worth percentiles, and where you sit on the scale. Is your wage good, or not? Does your pension pot set you apart? What about your ISA?
Where do you sit on the scale from poor to rich? How does your income and net worth compare to your neighbours?
These comparisons matter, because it is not the pound or dollar value of your wealth that matters, but what that wealth can buy you relative to everyone else. You don’t need “X millions” to be rich – you just need more resources than most other people in the same economy.
So what is a good salary and a good net worth for someone in the UK? Let’s check it out!
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•IFS “Where Do You Fit In?” – Household Income
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•ONS Wealth Percentiles Data:
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•ONS Wealth By Age Data:
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T&Cs: These videos are provided for information and entertainment purposes only. The content is not intended to be a personal recommendation to buy or sell any financial instrument or product, or to adopt any investment strategy as it is not provided based on an assessment of your investing knowledge and experience, your financial situation or your investment objectives. The value of your investments, and the income derived from them, may go down as well as up. You may not get back all the money that you invest. The investments referred to in this video may not be suitable for all investors, and if in doubt, an investor should seek advice from a qualified investment adviser.
What Is A Good Salary And Net Worth - UK
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