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Data Digest: Wealth Variation Among Boomers and Retirement Wealth Adequacy (PDF)
AARP
Sept. 22, 2006
6 pages. Excerpt: [N]umerous reports suggest that boomers or subsets of boomers ... have accumulated an average (mean) of about $50,000 in their retirement accounts (DeVaney and Chiremba, 2005) or less (Goodman and Orszag, 2005). Medians -- the value at which half the population falls above and half below -- are generally used rather than means to characterize wealth distributions because wealth is so skewed toward the top.
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