For many Americans, hitting the $1 million mark may feel like a kind of retirement summit — a tidy, round number that promises comfort and security. But is it a realistic savings goal for someone already in their mid-50s? Let’s say you’re 55, debt-free, and sitting on $500,000 in a 401(k). You own your home outright, which is valued around $400,000, and you’re contributing 10% of your income toward retirement. You plan to call it quits at 65 with a $1 million nest egg. The question is, can you get there i ...