Average man will earn £1m by 50 - but women wait to 72

Men will have earned £1 million over their working lifetimes by the time they are 50 years old on average, but a woman would have to wait until she is 72 to reach the same milestone, a study has found.

Prudential found that becoming a millionaire before tax is well within the grasp of men generally, as long as they start work at 18 and remain on an average income until they reach 65.