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The numbers seem to add up. I assume that you are doing the calculation in non-inflation adjusted number. Meaning that your 8% growth assumption is for stocks and is really 8% after inflation.

The numbers really don't surprise me, you will be saving more than some people make in a year, especially when you consider that you will have already paid Social Security and Medicare taxes on it.

If you are into "what if" number crunching, you might google "monte carlo investing" to find some of the simulators that will slice and dice your numbers with different Good year/Bad year models. You might want to add a column to the spreadsheet with what you could withdraw each year with a 4% safe withdrawl rate.

One thing that I didn't see taken into account is that as you near retirement, you will probably want to shift some of your money into bonds which will have a lower expected return.

Greg
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