"The most common misperception about financial planning that many Americans adhere to is that you can't afford to retire if you don't have a million dollars in your retirement account. That assumes everyone needs a million dollars to retire. The most damaging effect of the statement is to cause the average citizen to throw up his or her hands and say that a million is unreachable, so therefore they will save nothing! The implications for our economy and political environment are monumental."

William Gustafson, Ph.D., senior director of the Center for Financial Responsibility at Texas Tech University, Lubbock, Texas

NOTE: While I believe "retirement" is a completely subjective word, "savings" is pretty literal in its definition. If you're not putting SOMETHING aside every month - whether in a retirement plan or a simple money market account - you're only digging a hole for yourself down the road.

Here's a great place to get started: http://www.paxfund.com/mmf.htm