What is the average amount that individual americans have in retirement savings??

Public Comments

1. I've got more than $250,000. Anyone got more?
2. less than 50,000 dollars
3. "The median value of the retirement accounts held by households headed by a worker between the ages of 55 and 64 was $55,000 in 2001, the CRS says. To that, Stein adds that just 11% of all Americans have retirement savings of $250,000 or more. He figures that in order to replace an income of $100,000, most retirees would need savings of $1.5 million, and very few people have that. The median net worth of U.S. households where the head of the household is between 55 and 64 was just $181,500 as of 2001, the CRS reports. No, not everyone is a millionaire. " This moose is retired ;D
4. I read in a financial magazine that the 'average' is pathetically low...something on the order of 25K.
5. I've been told for every 10 years you work you should have 1 times your salary. So if you are 30 and you make 75k, you should have 75k, if you are 40 and make 150k you should have 300k, etc...
6. $9.83 That's on Friday...most fat, sloppy, lazy, good for nothing Americans go to McDonald's on Saturday, so they actually have negative retirement savings on Sunday.