Average Retiree Savings for all Americans - $42,000

Based on the 2010 Survey of Consumer Finance - down from the 2007 peak of $50,000.

You can't blame not being able to retire on the 2007 Financial Collapse - if your  bad habits were there long before 2007.  To get to age 65 and have less than $50,000 to show for it illustrates some pretty serious misunderstanding of what it means to live on less than you make and save for your future.