If you can't retire on a million dollars (invested wisely), you're doing something wrong (or you're trying to do too much).

As far as the median household hooey goes, I'd have to knock on a lot of doors in my neighborhood before I found a household that pulled in 50k. A
lot of doors.
No, I stand by my original statement; the "betterness" of handing Joe Average 2mil over 1mil is negligible. His financial problems are solved either way.
EDIT: which is all rather pointless and offtrack for this thread, regardless.