44 /39 yrs old, grad couple
220k pa combined income
Fully paid 4 room
hdb valued at 400k
2 room ocr condo valued at 850k, o/s loan 500k, TOP Y2015
cpf + cash on hand 550k
cash locked in shares & endowment plans 45k (capital protection),
current cash out value 80k
jap car fully paid. No maid. Expenses approx 70k pa combined.
Are we faring ok as compared to our peers ?
Any opinions, advise on how we can generate passive income in our situation ?