Share your insights or perspective on the financial matter presented in the input.

What is the median retirement savings in the United States today?
If you dig deeper and look at the original study, what's being measured is "retirement-plan participation": specifically, money in 401(k) plans and IRAs.  This omits every other possible source of retirement money: things such as general savings, non-retirement investments, property ownership, pensions, etc. As an extreme example, I know someone who's retired with property worth a million dollars, another million dollars in stock, a pension providing thousands of dollars a month plus health insurance, and not one penny of what the study would consider "retirement savings". Yes, the average American family is under-prepared for retirement.  But it's nowhere near as bad as the article makes it sound.