A growing population can put considerable strain on public services like healthcare, education and transport to name just a few. With the UK fast approaching the 70 million mark, will the government have to revise the way it spends in order to keep the economy stable? Is there a historic precedent we can look to for answers?
True Potential Investor, a UK pensions & investments company, have put in the research and presented their findings in a new infographic which you can see below.
In it, they examine the relative wealth, disposable income, GDP and interest rates for different people at different points in recent history.
Will the rising generation have it better or worse than the baby boomers, gen X or millennials of the past? Scroll down to find out.