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In order to get to that number by 60 years old you would need to invest $50,866 per year assuming a 10% rate of return (it goes up to $52,884 if you earn 9%). To retire at 65 you would need to invest $37,349 per year assuming 10%.

Note that the above calculations do account for your current balances, but ignore the 62,000 in savings.

Really- where did you account for the 185K sitting in his existing retirement account?

Quick calculation I do at 10% return till age 65 shows that 185K becomes a nest-egg of $2+ Million.

To the OP: I think you are doing very well, but I think you continue to contribute to your retirement vehicles. Why? For a number of reasons, but mostly because I wouldn't count on staying 100% in equity investments through age 65, which thus reduces the possibility of the above $2M based on existing balance.

Other factors to think about-
- Number of years in retirement
- Your health and health care costs
- Inflation
- Tax rate (when you retire)

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