From the Independent reports that a millionaire living in 1907 Britain would today need nearly £86m to enjoy the same standard of living.
£17.2m today would have the same spending power as a millionaire in 1957.
The value of £1m would drop by two-thirds in real terms over the next 50 years even if inflation rose in line with the Government's target of 2 per cent a year.
"The value of £1m will be reduced significantly further over the next 50 years, even if inflation is kept firmly under control... £1m is no longer enough to fund a lavish lifestyle... " said Rob Devey, managing director of Clerical Medical.
Its all rather relative isn't it ...