In 2019, it costs an average of $1 million (or more) to retire at age 65. That’s a big, intimidating number – and, honestly, most Americans aren’t on track to save enough to retire comfortably. A Northwestern Mutual survey recently showed that 21% of Americans don’t have anything saved for retirement, and another 10% have less than $5,000 in savings. This trend of under-saving for retirement can act as a kind of wake-up call for many people who are planning for retirement in the next 5-10 years. However, most of the people I speak with are already saving for retirement.