[closeparen]

It implies living on a near-poverty income in retirement. To maintain a median salary you’d want twice that.

[geowwy]

If you also owned a home in a low-cost area of the country you could probably still live quite comfortably.

[jknoepfler]

you need to factor in health care, taxes, unforeseen catastrophes, etc.

also retiring to the swamp or midwest or desert is not everyone's cup of tea, particularly if it means severing ties with your community.