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How Long Would It Take To Become A Millionaire? [Infographic]

Author: Shane Dobbing
Website: https://www.silverdoor.co.uk/
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When Will You Be A Millionaire?

Stacks of Money

Let’s face it, we have all sat around with a group of friends and imagined what it would be like to become a millionaire. The scenario often involves winning the lottery and how on earth we would cope with having such a ridiculous amount of cash in our bank accounts. Would you buy a supercar? Perhaps a couple of mansions in the south of France? Maybe you’d give it to charity? Perhaps you’d do all of the above, it is a dream that we have all talked about for days!

However, if we return to the real world for a second and imagine we are never lucky enough to win the lottery, how long would it take us to earn those millions by simply working hard in our current jobs? Thankfully, this question has been answered for us in this interesting infographic by silverdoor.co.uk. Titled ‘How Long Would It Take To Become A Millionaire?’, this infographic takes a number of different occupations and their average salaries, then calculates how many years it would take to achieve six figures.

It covers everything from a taxi driver to an airline pilot, so, whatever you do to pay the bills, you should find something representative of it. Take a look for yourself below.


How Long Would It Take To Become A Millionaire? [Infographic]

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HOW LONG WOULD IT TAKE TO BECOME A MILLIONAIRE?

We've all done it. Gone a bit 'Del Boy' and allowed ourselves to dream of what it would be like to be a millionaire. But unless you strike lucky in the EuroMillions, it looks like the only way it's going to happen is through hard work, and some serious saving. Or not!

As it happens, the average person puts 7.76% of their annual income into a savings account, so for a bit of fun, we've decided to look at a number of occupations and their average salary (after tax) and see how long it would theoretically take for you to finally see seven digits sat in your account.

 

SCHOOL CROSSING PATROL OFFICERS (LOLLIPOP LADY/MAN)

Salary post-tax 

£3,353

Amount saved per year

£260

Years to become a millionaire

3,846

 

SALES/RETAIL ASSISTANT

Salary post-tax

£10,472

Amount saved per year

£834

Years to become a millionaire

£1,199

 

TAXI DRIVER

Salary post-tax

£14,324

Amount saved per year

£1,112

Years to become a millionaire

889

 

CHEF

Salary post-tax

£15,088

Amount saved per year

£1,171

Years to become a millionaire

854

 

NURSE

Salary post-tax

£21,017

Amount saved per year

£1,631

Years to become a millionaire

613

 

WELDER

Salary post-tax

£21,965

Amount saved per year

£1,704

Years to become a millionaire

587

 

SECONDARY SCHOOL TEACHER

Salary post-tax

£26,059

Amount saved per year

£2,022

Years to become a millionaire

495

 

SOLICITOR

Salary post-tax

£32,489

Amount saved per year

£2,521

Years to become a millionaire

397

 

AIRLINE PILOT

Salary post-tax

£57,545

Amount saved per year

£4,465

Years to become a millionaire

224

 

CHIEF EXECUTIVE OFFICER / SENIOR OFFICIAL

Salary post-tax

£72,332

Amount saved per year

£5,613

Years to become a millionaire

178

 

SilverDoor
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Brought to you by SilverDoor.co.uk



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3 Comments

  1. @digr_io says:

    How Long Would It Take To Become A Millionaire? [Infographic] https://t.co/0keg6et8AC via @OneTruConscious

  2. How Long Would It Take To Become A Millionaire? [Infographic] https://t.co/9fVSs5NbPn via @OneTruConscious

  3. @MizMeliz says:

    How Long Would It Take To Become A Millionaire? [Infographic] https://t.co/shgZdCqB54 via @OneTruConscious

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  • Let’s face it, we have all sat around with a group of friends and imagined what it would be like to become a millionaire.
  • The scenario often involves winning the lottery and how on earth we would cope with having such a ridiculous amount of cash in our bank accounts.
  • How long would it take us to earn those millions by simply working hard in our current jobs?
  • This infographic takes a number of different occupations and their average salaries, then calculates how many years it would take to achieve six figures