It is important to consider the fact that people are living much longer into their retirement years. In some instances people are living 20 or 30 years into their retirement.

It's also important to note that most people fail to invest in their dreams, but willingly invest in $5 cups of coffee, $200 gym shoes, $300 jeans, $500 phones, $3,000 computers, and $50,000 cars that will be outdated in two years or used up in two minutes. The scary fact is that over 60 percent of Americans have less than $25,000 saved for their own retirement. Lifetime cost of healthcare alone for a 65-year-old American couple is now over $280,000.

Here are some other interesting