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The average worker would need to save for 52 years to claw their way out of the middle class and be classified as wealthy, research reveals
['Orianna Rosa Royle']
Fortune | FORTUNE
The exact number of years of saving it would take for the average worker to claw out of the middle-class bracket has been revealed—and it’s nearly half a century.
In fact, the average worker would need to save their earnings for 52 years, to raise £1.3 million ($1.7 million), the amount needed to move from the middle and become as wealthy as the richest 10%.
And for those who happen to be born in the working class, the odds are increasingly stacked against them.
Even in the U.S., workers say they’d need at least $2.3 million to feel rich (up $100,000 from two years ago).
It would take the average American worker nearly 70 years without a single expense being paid to reach that $4.4 million benchmark—far longer than most people will work in a lifetime.