My humble Household Profile
41yrs M & 37yrs F w/ 2 Children 12yrs M & 9 yrs F
Income 200k per annum
OA 200k/ 101k
SA 174k/ 53k
Cash 100k
Reits 100k

Other commitment

Stay in a 4 bedroom EC 720k outstanding loan. Bought 3 years back at 900k+
Ride is 1 year old executive car. 60k outstanding loan
Education policy for both children 4k per annum till 21yrs.
Own endownment policy 5k per annum till 55yrs

Looking forward to retire at 55years and lead a frugal life. Do you think is possible?