My situation.

Me 34 150k/yr
My wife 33 80-85k/yr
Hdb mansion almost paid. Valuation s$650k net of loan 550k
Cash and investments combined 600k
Second hand car 40k fully paid
Maid
1 kid and one more coming..


Wonder if I should upgrade to a pte apartment so that I can pass something to my kids when I pass on.. Thanks