The people questioned in the survey were “affluent,” so in theory, they should be a lot more prepared than average.

But of the people surveyed in metro Atlanta this fall, 27 percent said they need additional income, the survey found.

“We are seeing a shift in how Atlanta residents are thinking about retirement and planning for their later years,” said Aron Levine, head of Merrill Edge.

Of course, the company urges that people do more planning.

The survey found that 59 percent think they won't need more than $1 million to retire they way they want to. But clearly a lot fewer people think they are going to have that much socked away: 25 percent they need "to win the lottery" in reach their financial goals for retirement.

That image of globe-trotting senior citizens cruising off to the South Pacific on their 60-foot yachts?

Um, no: More than half of those surveyed said they are saving now for retirement just so they’ll be able “to afford daily life” or take care of their families.