Men earn £1m 20 YEARS before women

The average man will have earned £1m during his working life by the time he is 51, while women work until after they are 70 to do the same.

Insurer Prudential crunched official figures from the Office for National Statistics and discovered men earn a million 20 years before women, but this number has fallen by nearly two years since 2012.

This is due to a slight increase in average earnings for women, and a small drop in average earnings for men in their 30s and 40s.

The calculations also found the average person will have paid around £123,300 in tax and £93,200 in National Insurance by the time they reach the £1m mark.

What do you think of the gender pay gap? Tweet me your thoughts @robynvinter

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