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93,000, the price of peace of mind: Amount would leave most people feeling 'financially safe and comfortable'
00:12 GMT, 11 December 2012
We may all dream of winning many millions in a lottery rollover – but it seems that a little less than 100,000 would satisfy the hopes of most families.
That’s how much would leave people feeling ‘financially safe and comfortable’, if it was in their account.
But you would need 1.8million in the bank to have a ‘life-changing’ amount, according to a poll.
The average ideal amount to deal with the constant welter of bills and daily costs is 93,370, although the sum varies hugely from region to region across Britain.
Londoners want the most, 109,020, which is perhaps no surprise given the high cost of living and property prices in the capital.
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How much money would make you 'safe and comfortable'
who live in Yorkshire want a fortune of 2.5million – but in the North
East it seems that a mere 820,000 will buy all that you could ever
The poll was
commissioned by Legal & General. A spokesman for the financial
services giant said: ‘There is a big gap between people’s hopes for
financial security and the reality of their finances.
‘The vast majority of families simply can’t afford to save up nearly 100,000 to feel comfortable or safe.’
The findings comes as a record number of more than three million people in Britain are reported to ‘under-employed’.
The term means that they have a job but desperately want more work in order to earn extra money, but are unable to find it.
This adds to the pressure on families and leaves them little chance of being able to add to their savings.
who are said to be under-employed earn an average of 7.49 per hour,
compared with 10.81 for those who are not under-employed.
A new survey has found we don't need millions like Lottery winners Matt Topham and Cassey Carrington to be happy, just 93,370