The average retirement savings of American families is $95,776. At first, this sounds like a hefty sum, but there is more to the number than meets the eye. Since it’s the average retirement savings, it doesn’t reflect the fact that nearly half of American families have no retirement account savings at all, and the median — 50th percentile — family has just $5,000 saved. Today’s show gives practical tips on how to save for your retirement, with an eye to increasing your retirement savings. Retirement is expensive – especially in America. That’s why some Americans consider retiring abroad. While housing, health care, and other costs may be lower in other countries, there are other financial issues that arise with a move abroad. Art Koff, MarketWatch columnist and founder of RetiredBrains.com, discusses critical questions that you should ask before retiring to another country. He also addresses how to get your Social Security, and shares great resources that retirees can use to plan their golden years. Follow Art Koff and his work at www.retiredbrains.com