The average American thinks you need at least $1.46 million to retire comfortably, according to a recent survey from Northwestern Mutual. Unfortunately, most Americans aren't even close to that number, or even on a path to reach a fraction of it.

That's a huge problem. With fewer employers offering retirement pensions and potential cuts to Social Security in the future, retirees will have to count more on their own savings. But if you dig into the numbers, the average American's personal retirement savings are shockingly low.

If you want to set yourself up for a comfortable retirement, you'll have to do a lot better than average.

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Source Fool.com