Picture: Robyn Mac/istock
Picture: Robyn Mac/istock

Everyone - no matter how much of a socialist, no matter how alternative - will have, at some point wondered what it would be like to be a millionaire.

Or in Bruno Mars' case, a billionaire.

But that's besides the point.

Theoretically, if you commit to saving a little bit of money each year, that million is doable.

According to HM Treasurybudget analysis, the average gross income of one adult is £21,000, which is approximately £1,500 a month.

If you start saving at 21 years of age, and assuming you earn the average salary, and can save £6.60 a day - or £200 a month, with a five per cent rate of return, you will be a millionaire...

....at the spring chicken age of 83 .

Okay, that sounds bad, because what are you going to do with £1m when you're that age?

The calculation, using thisismoney.co.uk, doesn't take into account promotions at work, increases in salary or a pooling of monthly assets with marriage.

Still, it's as good a place as any to start, and considering we spend an average of £2,500 a year on lunch and snacks, well, £6.60 a day doesn't sound so bad anymore, does it?

Picture: CBS
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