No, run away from NWM. You saw a salesman.

If you are the average american couple, nothing big like a disabled dependent or anything like that - go to Fidelity, Vanguard, or Schwab and open a Roth IRA. Put up to 6500 in it a year and invest it in a target date fund (or something that tracks the S&P 500).

For your 401(k)s, put it in a target date fund.

Now you're ready to retire. Just make sure the money is invested - check every once in a while. Every month if that is how often you put money in the Roth IRA.