45, 43, 150k combined annual income.
Live in a suburban condo, fully paid up.
Net worth 1.5m combined.
We won't be able to save 3m cash to retire.
We will likely donwgrade to a 3 room HDB flat when we retire.
We will adjust our spendings down by not owning a car nor hire a maid.
We will also buy cheap groceries and cook our own simple meals.