People around the world share the same dream of retirement. They want to spend time with family and friends and enjoy frequent vacations. But the reality is much different, with nearly half of all workers never saving money just for retirement, according to HSBC's global report, "The Future of Retirement: A new reality."

For its research, HSBC surveyed more than 15,000 working individuals over the age of 25 in 15 countries: Australia, Brazil, Canada, China, Egypt, France, Hong Kong, India, Malaysia, Mexico, Singapore, Taiwan, United Arab Emirates, United Kingdom and the United States.

Most people believe they will need at least 78 percent of their current income to live comfortably in retirement – a much higher percentage than they'll likely achieve. According to the research, the median annual household income required for a comfortable retirement is $34,380 globally, which would require a U.S. male to have $505,000 in retirement savings by age 65.