Retiring a millionaire may seem like a lofty goal, but it's more realistic than you might think. In fact, as costs continue to rise, many Americans may need at least $1 million to retire comfortably.

The average U.S. worker expects to need around $1.7 million in retirement, according to a 2022 survey from Charles Schwab, and around 53% of those survey participants believe they're not likely or only somewhat likely to reach their savings goals.

While not everyone will be able to save $1 million or more, these three steps can get you as close as possible.

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Source Fool.com