In France, the average pension is 1393€ (~ $1574) [1]
Also the retirees purchasing power is higher than the working population [2]
Don't get me wrong, there are still too many retirees with too little money in France.
But on average, the retirees are doing OK compared to the rest of the population.
I was commenting for the Americans. In the US you get a "meagre" state pension (social security) and people believe that Europeans have so much more...well that US state pension is on average $1500. But Americans have in general much better private funds, because they have lower taxes.
Before you ask, healthcare is free for retirees.