Detailed text transcripts for TV channel - FOXNEWS - 20110224:13:34:00
Now, let's look at the next graphic. for the average 401(k) balance in the united states is $149,000, which generates $9,000 -- we're seeing a different graphic than the one i wanted to see. basically right now, people have about -- there you go. 149,000 in their 401(k). that only generates $9,000 a year in retirement income. now, compare that to the average public pension where the income they're getting is $22,000 a year. for that, you would need $373,000 in your 401(k). in high income states, let's go to the last graphic, places like california, new york, it is not uncommon to see a $90,000...