When you're 50, retirement is close on the horizon. It's a critical time in your life to make sure you're getting ready for a future without a paycheck when you'll have to support yourself with savings.

So, just how much should you have saved by the time you turn 50, and are most Americans on track? Let's take a look at some expert recommendations, along with some data on how much money most people have socked away in their retirement plans by their 50th birthday.

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Source Fool.com