Claim: "The average 401 in America of a person who's 60 years old is under $100,000."
Fact-check: R.I. Treasurer Raimondo says 60-year-olds with 401(k)s typically have less than $100,000 in them
Verdict: mostly-true
Organisation: PolitiFact
Author: C. Eugene Emery Jr.
Date published: 2011-07-24T00:00:00