Teenagers expect to earn £51,000 by age 35, survey reveals

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.

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.

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