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Not really?
Same sample size assumed here and a very good example of what I was talking about...
View attachment 584835
Wanna make a bet that it's not a normal distribution? I bet it's skewed towards the low end... but there may be a good reason for that.
They don't say anything about 401K's, IRA's, real estate equity, or investment accounts, so the amount that people have in their savings accounts does not necessarily reflect their total financial situation. It only reflects what they have that's immediately liquid. You don't WANT to have more than maybe $10K in your savings account... if you do, you're throwing money away because they pay such piddling interest. $5K isn't a terrible number, as long as you have some other resources to draw on if you really need it.
Some older people don't trust investments, so they stick their money in the bank, who will gladly pay them almost nothing for the privilege of investing it for them and keeping the profits. Those are the ones with the $40K savings accounts.
P.S. I'm done with this thread hijack... I really do like the older VW's.