CHARLOTTESVILLE, Va. (CBS19 NEWS) -- When it comes to having enough money for retirement, a local expert offers some tips.

Across the country, about a quarter of Americans have no retirement savings, which is actually down a bit from last year.

However, Susan Wilkinson from Wilkinson Wealth Management says there are many more things to take into account than just a dollar amount.

She says people should focus on individual planning to determine what amount would be best for them.

"Planning looks at how much you make, what your debt levels are, what your liabilities are, what your liquid assets are, when you want to retire, what your potential social security, growth level of your current assets and it pulls it all together," Wilkinson said.

People who are considering creating a retirement fund should consult a financial adviser.

This blog post explains some of the risks people may face if they put off such planning.