Average median vs average mean The median US household entering retirement age has saved about $120k-$150k. That is, over 50% of people are more or less 100%

Average median vs average mean The median US household entering retirement age has saved about $120k-$150k. That is, over 50% of people are more or less 100% reliant on social security to get by in retirement. The mean US household savings at retirement age is like closer to $500k, because it's overwhelmingly top heavy in the 1%/0.1%/etc of people.