Teenagers expect to earn £60k by thirties

The Daily Mail carries a story which says that today’s teenagers expect to earn around £60,000 by the time they are in their mid-thirties.

The article is based on a Royal Bank of Scotland survey of 12,000 teenagers.

According to The Mail, ‘On leaving education, they anticipate a salary of about £16,600, rising to £35,400 by the time they are 25 and hitting £61,700 by their mid-30s.

But the reality is rather different, with the average 18 to 21-year-old earning just £8,595 – rising to only £18,705 for workers in their 20s and £24,333 for those in their 30s.’

The blog is uncertain whether to applaud the teenagers’ ambition or weep at their naivety.