>>20499042 The statistic that the median retirement savings for all households is 39k, is entirely meaningless. This is because it includes all households, including those on walefare, who are never going to have retirement savings and those that still get pensions and may not need retirement savings, and the young that haven't had much time to build any up. If you have 39k at 25, your doing very well, if you have 39k at 50, you might be in trouble.

It also doens't take into account that people have other ways of financing part of their retirement, such as downsizing their house, etc. So it's BS.