Am I wealthy?

I have no savings really, so I already knew the answer was no. I wanted to find out how everyone else was doing though, so after trawling the ONS site for a couple of hours, I found this data set.

I think I’ve put it into a graph correctly, so if you want to see how wealthy you are compared to people in your age bracket in London, enjoy:
Household wealth by HRP age, London; July 2012 to June 2014

I was surprised by how high the wealth of the top 10% is.  I’ve read that this is likely to be underestimated, I guess because the more money you have, the wiser the investment in a clever accountant to hide it.

It doesn’t look like the top decile is skewed as much as you might assume (from this article):

Percentile plot of total household wealth per adult

Saturday, November 5th, 2016 Money

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