Dossier
Molly Broome
Coverage of Molly Broome in the Nexus archive.
- 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
The average worker would need 52 years of savings to reach £1.3 million ($1.7 million) in the UK and 70 years to save $4.4 million in the US to achieve the American Dream, according to research from the Resolution Foundation and Investopedia. Wealth inequality is highlighted as persistent, with passive gains from property and investments widening gaps, making upward mobility increasingly difficult.