AMount of solid in mixture doesn't matter - that is, if there is enough of the solid to make saturated solution, it won't get "more" saturated if you add more solid.
As I read the question you have a suspension prepared by agitating solid magnesium pohsphate (1.5 moles) with water (2L), If so, your approach looks OK. Just note that so far you have calculated solubility of the salt - that's not the same as concentration of phosphate. Again, take a look at stoichiometry.