There were two possible definitions to go by: income or net worth. Look how low the net worth figure is (especially the one from the Credit Suisse study).
Keep in mind that even a $1M net worth – more than either the Credit Suisse or World Inequality Report measure – is considered on the low side in terms of retirement savings by age 65. (At a 4% safe withdrawal rate, it only gets you $40k/year to live on.)
There were two possible definitions to go by: income or net worth. Look how low the net worth figure is (especially the one from the Credit Suisse study).
Keep in mind that even a $1M net worth – more than either the Credit Suisse or World Inequality Report measure – is considered on the low side in terms of retirement savings by age 65. (At a 4% safe withdrawal rate, it only gets you $40k/year to live on.)
Page 25 has a breakdown of median wealth. For the US it is $93,271, however for Western Europe it is higher then that to be fair.