The population of the UK is expected to pass the 70 million mark before the end of the next decade, and there’s no sign of that growth slowing down any time soon.
Will this be good or bad for the economy? This kind of growth can lead to a boost in economic activity, but a growing population can also put strain on public services and presents long-term challenges like caring for the elderly.
True Potential Investor, a leading provider of personal pension accounts recently published an infographic exploring what life was like for those entering adulthood during different eras of the 20th century – from the war time “silent generation” all the way up to today’s “centennial” generation. What was the cost of living like? How much disposable income would they have on average? Check out the infographic below to find out.