Low income grad couple, 42/43, earning only $140k pa in total.
Home is a condo, bought in 2005 for $450k, now worth only $900k, mortgage left $200k.
Own an old car, COE ending soon, may not drive after COE ends, will just taxi public transport.

When we retire, we will most likely sell our condo and downgrade to a 2 room HDB flat and use the cash balance to invest in high dividend yield stocks to get passive income.