re: What is your target savings and age for retirement?

I am 32 and have 300k in retirement accounts and I owe 200k on my house that is worth 450k. I plan on moving in 5-7 years but would get a raise with the move. I will hopefully have my house paid off and will rent out my house and buy another one. that alone will pay off the new house. So I will be retiring at 55 to enjoy life and travel and have 1mil paid off in real estate. Then I hope to have 5 mil in my retirement accounts. Not bad