Yes. The money may be enough, but take factors into account such as having kids and the future value of money. Even at 5% inflation. That $50K is worth about half that in 20 years. If you think you can take social security. Think again. You may not have paid enough in for the required credits. Watch out for health costs.
Also. High yield savings and money market exist when inflation is high. When inflation is down, they pay at best 1%.
In other words, plan.