Couple in late 40s, $210k pa. Expenses, $170k pa. Savings, $40k pa.
High expenses due to servicing condo mortgage, servicing conti car loan, supporting parents, supporting children, family holidays, etc.
Our assets are our condo, car, CPF, cash.
We lead a luxury middle income lifestyle.
For retirement at 65, we will downgrade to a cheap HDB flat and get cash.
Also will get monthly from CPF retirement account.