Conclusion
Reaching $1 million in retirement savings is an ambitious goal, but it’s achievable with discipline, early planning, and consistent investing. While relatively few Americans achieve this milestone, understanding the realities of inflation and longevity, adopting smart financial habits, and regularly reassessing your strategy can make a significant difference. Don’t be discouraged by daunting statistics—focus on taking actionable steps today, no matter where you start. For more guidance on building your retirement plan, visit AARP’s retirement resources.