50, 54 middle income couple. Total income $200k pa, total expenses $160k pa.
Our expenses are high because we support our parents (both sides) financially.
Accommodation - New condo, fully paid up. Car - Old car. Family net worth $2.5m.
Retirement plan at 75 - Rent condo out to expats. We retire in Maldives or Koh Samui.
Our rental income should be enough to finance our retirement on these islands till we die.