A sizeable number of Americans hope to retire as millionaires, according to Bankrate's latest savings survey.
A little over a third of American workers say they'll need $1 million or more to retire in comfort, per Bankrate's survey.
The median amount they think they'll need saved up is about $875,000.
And millennials are the most likely of each generational cohort to think they'll need to save up at least $1 million to retire comfortably.
With that in mind, CNBC calculated how much you would need to save each month in order to retire with $1 million at 65, starting at ages 25, 30, 35 and 40.
Persons:
Matt Schulz
Organizations:
CNBC