what does the average american have in savings?
<answer> The average savings of a family with members in the 32-to-37 age range is $31,644 and families with 56 to 61 age is $163,557. <context> The average retirement savings of all American families is $95,776, but there is more to that number than meets the eye. Since so many families have no savings, the median — 50th percentile — family has just $5,000 saved. The median for families with savings accounts is $60,000: