Originally Posted by Unregistered

Actually, you are doing not so bad yourself. Your family is fortunate to own a car. As long as you own your home without any loan when you retire at 65, you should be ok. Here is what you and spouse can get upon retirement:

1. CPF Life $3500 pm ($1750 pm each)
2. Room rentals $2000 pm (rent out two rooms at $1000 per room)
3. Children's contributions $1000 pm (from two kids, each giving $500 pm)

Your total passive income will be $6,500 pm or $78,000 pa. Hence, you both can retire comfortably.