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I spoke the other day about rich people whingeing that they don't have enough to retire in luxury. In today's news there is a 67 year old man who hates his job and wants to retire. However the poor thing only has $700K saved up. This only gives him $28K a year in interest. 
Poor old dear still hasn't paid off his mortgage so how will he manage on that?
How the other half live.
Median savings at retirement is $200k, less than 1/3 of what this person has. They're not only "above average" they're triple the median and in an extremely comfortable position relative to most of their peers
That makes sense, financials tend to be skewed, so mean is a lot higher than median.