[Ikeon]

Putting a 21 y.o. savings in the same a count as mine and dividing by 2 and calling it average is really stupid math.

You can make statists read what ever you want. When I was ten I might have had 15 dollars to my name. My dad had a car, does that me the average person cant afford to even drive a car?

2+ y.o.s dont have any savings because they dont even have any furniture, and are just getting started in life.

how about the average white 65 y.o. married mans average savings? Ill bet its more than $995 .

[Starboard]

“You can make statists read what ever you want.”

************

Correct. The use of averages can be very misleading. For example, the “average” home price is often calculated using the median rather than the mean.

That noted, it is still true that Americans don’t put enough aside for retirement. Many studies confirm this.

[Reynoldo]

Putting a 21 y.o. savings in the same a count as mine and dividing by 2 and calling it average is really stupid math.

Even if the 21 year old had ZERO savings, you would have to have only $1990 to have a average of $995. If that were the case, it still shows WAY TOO LITTLE savings overall.