Here in the UK: > After a lifetime of saving, the average UK pension pot stands at £61,897. With current annuity rates, this would buy you an average retiremen

Here in the UK: > After a lifetime of saving, the average UK pension pot stands at £61,897. With current annuity rates, this would buy you an average retirement income of only around £3,000 extra per year from 67, which added to the maximum State Pension, makes just over £12,000 a year, just enough for a basic retirement lifestyle. Source[0]. £12K is $16K USD/yr There are also some sobering statistics on PensionBee[1] [0] https://www.telegraph.co.uk/financial-services/pensions-advice-service/what-is-a-good-pension-pot/ https://www.telegraph.co.uk/financial-services/pensions-advi... [1] https://www.pensionbee.com/next-generation-of-retirees-report https://www.pensionbee.com/next-generation-of-retirees-repor...