That's quite decent for a 38 year old. Have you finished paying your BTO mortgage? Is your wife is working and earning as much as you, your family income is more than $100k pa. You are in the middle income group.

Focus of paying off your BTO mortgage and start to save for your retirement, buy good blue chips for dividends. Do not buy a car as it is very expensive to own and maintain. You will be ok.

We are lucky that we get cheap BTO flats, no other country in the world will provide you with cheap BTO flats.