Teenagers expect to earn more than £50,000 by their mid-30s, a survey by NatWest bank has revealed.
A study of 10,000 young people found the average expected salary by 35 was £51,000. London’s 12- to 19-year-olds believed they would be raking in £63,227 a year by the same age, more than double the average salary of people in their 30s, the Guardian has reported.
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The results were published in the bank’s annual survey of young people.
About one-fifth of 16- to 24-year-olds are now unemployed in the wake of the recession.