The term "retirement savings" is too narrowly defined here, since it only includes things like 401k, savings accounts, and pensions. Many people have their ret

The term "retirement savings" is too narrowly defined here, since it only includes things like 401k, savings accounts, and pensions. Many people have their retirement savings entirely in rental real estate (I know several like this). Many people have small retirement accounts but millions of dollars in ordinary taxable investment accounts due to the myriad restrictions that the government places on what you can put into retirement accounts. All of these are outside the definition of "retirement savings", despite being actual retirement savings, but none of them are rare.