There are a lot of folks who are asking this question and being petrified with the answer they are getting. Over the last few years the economy has experienced serious decline and although the stock market has bounced back not many Americans are really feeling the positive impact of the economy.
It is equally scary knowing that retirement is just on the horizon for many and the rising health cost and never ending increasing cost of living are really not help to pacify our retirement concerns. The reality is that no one really knows what the future holds but if we fail to plan to the uncertainties we are possible planning to fail.
The best way to deal with all of these uncertainties is to have a clear vision for how you want to live in retirement. After you have a clear vision, develop a plan that could help you achieve those goals. Don't worry about not having a plan. When you have a clear vision the plan will come. With your vision, seek the help of an advisor. A wise person once said, "when the student is ready, the teacher will appear."
As you approach retirement, you'll also be faced with a lot of complex decisions, maybe about Medicare, Social Security and/or other assets related decisions. These are complex decisions so please ensure that you have the right information to make these decisions.
An advisor can sometimes help and prevent you from making very costly mistakes. Do your homework if possible, learn as much as you can as there are no perfect plan.