Average UK salary by age

dave28 said:
Depends where you live which is why these averages are nonsense.

I remember a guy moaning that his 100K salary in London was not enough to live lol.

Where I live 100K makes you considerably richer than 95%+ of people.
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Same, £40k makes me feel like a millionaire. I donate to my local food banks.
 
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grudas said:
but will life be better overall? in my opinion there's always a "sweet" spot for earnings/freedom/balance you know.
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100%

Much better work life balance. Honestly so tired of politics and jazz hands at senior leadership level that I'm looking forward to getting more stuck into actual getting stuff done.

Sure I'll have to be more mindful with spending but I am very lucky that according to these figures I'll still be on above average wage. I'm very lucky of course to have been able to take a job and accept a paycut.
 
Koalaboy said:
A lot of the remote US work is similar - high pay and minimal benefits. But it's still good pay compared to most things.

Having 'been there', I can understand not feeling 'well off', although never having to struggle for anything or worry about bills, etc. is nice. But at the same time, I paid most of my salary at the time into a pension (as I'm older and worry more), and now I earn much less but have a far more interesting and engaging role with a much better group of people around me.

I've since taken a pay cut (because of redundancy) of around 50%, and yet my take-home after tax isn't much less as I was paying so much into the pension. If you have £76K *after tax*, I'd strongly recommend putting more into a pension through salary sacrifice at 33... it makes a huge difference later in life.

As said elsewhere, 100K is a lot of money compared to most. You may not feel 'well off', but you're fortunate to be in such a position of not having to worry.
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Yeah appreciate what you’re saying. I agree it’s nice not to worry about bills. But I do worry if anything should happen to me health wise / getting hit by a bus etc :D . It could all go south very quickly.

I will look into putting more into my pension though at some point next year.:)
 
Freefaller said:
100%

Much better work life balance. Honestly so tired of politics and jazz hands at senior leadership level that I'm looking forward to getting more stuck into actual getting stuff done.

Sure I'll have to be more mindful with spending but I am very lucky that according to these figures I'll still be on above average wage. I'm very lucky of course to have been able to take a job and accept a paycut.
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I got to a comfortable point money wise and I weirdly lost the want to climb higher, especially after seeing senior/leads etc constantly fighting in the meetings and juggling the bs like you said, from my pov that is not where I want to be. I think I got one more step to go into a comfortable senior engineering position where I will still be able to do hands on stuff but will hopefully avoid the politics and the bs that comes with lead roles.

all in, I sorta hope I'll find my niche and a way to make money doing something that doesn't feel like a job. But yeah, like you said, lucky to have that option.

something my brother did recently, gone freelance and does a few months work a year and enjoys the rest but he's in a good place where can afford to not work for months at a time with no impact to his life.
 
grudas said:
I got to a comfortable point money wise and I weirdly lost the want to climb higher, especially after seeing senior/leads etc constantly fighting in the meetings and juggling the bs like you said, from my pov that is not where I want to be. I think I got one more step to go into a comfortable senior engineering position where I will still be able to do hands on stuff but will hopefully avoid the politics and the bs that comes with lead roles.

all in, I sorta hope I'll find my niche and a way to make money doing something that doesn't feel like a job. But yeah, like you said, lucky to have that option.

something my brother did recently, gone freelance and does a few months work a year and enjoys the rest but he's in a good place where can afford to not work for months at a time with no impact to his life.
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I think moving out of the public sector will help with those headaches. I've been in senior leadership for a while but always in private sector and was able to get **** done. Nothing worse than having a title with no accountability and/or being micromanaged all the time. Title means nothing to me to be honest I'm more interested in the job and what I'm doing than anything else.

I will miss the public sector pension (I've paid an incredible amount into it over the past nearly 3 years).
 
The_Arbiter said:
Funny i saw this article on the BBC this morning as it made me remember about OP. Everyone's poor, says this BBC article, or it says you should be outraged with something. I'm not entirely sure of the message trying to be delivered.

www.bbc.co.uk

'We earn £100,000. We are not worse off after the Budget'

People tell the BBC how much they earn and what they made of the Budget.
www.bbc.co.uk

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I saw on another forum that the one on £33k in benefits also does photography work on the side lol, which i'm sure is all fully declared :D : https://www.instagram.com/nicolehealingphotography/

The one on £150k yet saying one of her 'her main concerns is around energy bills this winter' (which clearly shouldn't be unless she's heating a 5'000sqft Georgian manor with original sash windows) is sadly exhibiting an ingrained poverty mindset that it's very hard to move away from even when you achieve success.
 
Junglist said:
Yeah, that's how I feel. I'm significantly, or at least what I would deem as significantly, over the median for my age yet I don't feel anything other than poor :cry:
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On flip side I'm over the median and feel quite well off. But my core costs are very low for my salary
 
Tom_ed1987 said:
I saw on another forum that the one on £33k in benefits also does photography work on the side lol, which i'm sure is all fully declared :D : https://www.instagram.com/nicolehealingphotography/

The one on £150k yet saying one of her 'her main concerns is around energy bills this winter' (which clearly shouldn't be unless she's heating a 5'000sqft Georgian manor with original sash windows) is sadly exhibiting an ingrained poverty mindset that it's very hard to move away from even when you achieve success.
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rz91LGs.jpeg


I'm sure this person is going to do well on her go fund me! :D

The cheek Of it.

150k and worried about energy bills! :D
 
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413x said:
rz91LGs.jpeg


I'm sure this person is going to do well on her go fund me! :D

The cheek Of it.

150k and worried about energy bills! :D
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She has left after paying her childcare and mortgage almost my entire take home per month and I pay our rent/bills/contribute to the nursery fees/money to wifes ex for stepdaughter/my car inc 1k miles a month fuel and put in almost all of our generally spends for food etc. per month and still manage to save a couple of hundred quid.

She must be spunking some serious cash up the wall to be worried.
 
tom_e said:
She has left after paying her childcare and mortgage almost my entire take home per month and I pay our rent/bills/contribute to the nursery fees/money to wifes ex for stepdaughter/my car inc 1k miles a month fuel and put in almost all of our generally spends for food etc. per month and still manage to save a couple of hundred quid.

She must be spunking some serious cash up the wall to be worried.
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As comedic as that all is, she genuinely is "worried" about keeping up her lifestyle that she has become accustomed to. My point is that different people have different lifestyles and levels that they deem to be "normal". Maybe she's a bit coin miner and weed grower and has genuine heating concerns in her uninsulated mansion? :)
 
Tom_ed1987 said:
I saw on another forum that the one on £33k in benefits also does photography work on the side lol, which i'm sure is all fully declared :D : https://www.instagram.com/nicolehealingphotography/

The one on £150k yet saying one of her 'her main concerns is around energy bills this winter' (which clearly shouldn't be unless she's heating a 5'000sqft Georgian manor with original sash windows) is sadly exhibiting an ingrained poverty mindset that it's very hard to move away from even when you achieve success.
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USER NOT FOUND

Has she taken it down? :D
 
dave28 said:
Depends where you live which is why these averages are nonsense.

I remember a guy moaning that his 100K salary in London was not enough to live lol.

Where I live 100K makes you considerably richer than 95%+ of people.
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It's all local, isn't it?

I was in Caceres (Extremedura, Spain) and a local in a bar asked me how much I earn (just over median for my age, according to OP).

He nearly fell off his chair and said that is about double the local average. He was genuinely astonished. To be fair, cost of living there is probably lower.
 
grudas said:
something my brother did recently, gone freelance and does a few months work a year and enjoys the rest but he's in a good place where can afford to not work for months at a time with no impact to his life.
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I’m an engineer and have been contracting for over 14 years. My last contract finished at the beginning of June and I have been taking time out and was going to take the rest of the year off but got another role and will be starting in a few weeks. The flexibility it offers is fantastic so long as you can find regular work, and luckily RF Engineers are like rocking horse poop
 
Bear said:
I’m an engineer and have been contracting for over 14 years. My last contract finished at the beginning of June and I have been taking time out and was going to take the rest of the year off but got another role and will be starting in a few weeks. The flexibility it offers is fantastic so long as you can find regular work, and luckily RF Engineers are like rocking horse poop
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You have my dream setup!
 
potatolord said:
It's all local, isn't it?

I was in Caceres (Extremedura, Spain) and a local in a bar asked me how much I earn (just over median for my age, according to OP).

He nearly fell off his chair and said that is about double the local average. He was genuinely astonished. To be fair, cost of living there is probably lower.
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100%

My family in other parts of the world are on £ for £ lower salaries but based on where they are they live a far better quality of life.
 
potatolord said:
Someone in that article is getting £33k in benefits.
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Koalaboy said:
A lot of the remote US work is similar - high pay and minimal benefits. But it's still good pay compared to most things.

Having 'been there', I can understand not feeling 'well off', although never having to struggle for anything or worry about bills, etc. is nice. But at the same time, I paid most of my salary at the time into a pension (as I'm older and worry more), and now I earn much less but have a far more interesting and engaging role with a much better group of people around me.

I've since taken a pay cut (because of redundancy) of around 50%, and yet my take-home after tax isn't much less as I was paying so much into the pension. If you have £76K *after tax*, I'd strongly recommend putting more into a pension through salary sacrifice at 33... it makes a huge difference later in life.

As said elsewhere, 100K is a lot of money compared to most. You may not feel 'well off', but you're fortunate to be in such a position of not having to worry.
Click to expand...
Yet some seem to think 100k is not much lol
 
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