Some simple number runs on you:If you have 54k invested with a potential return of 12% a year with 5.5k added a year, you have 1 million at 54 years of age. However, as pointed out, this will be a smaller million because of inflation. How much smaller? Let me add in inflation of 3% a year, and you are at $555 thousand at 54.Now lets take your stock buying fund, and your short term cash, and invest it.Now we are looking at starting with 64k with 12% a year with 5.5k added a year. At 54 you have 1.14 million, or 613k.Increase savings to 10k a year, now you are looking at 1.5 million at 54 or 810k with inflation biting you.So I'd say that you should cut back your vacation to 2k a year, increasing your investments by another 2k elsewhere so you are saving 10k a year total.
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