46, annual income $98k pa.
Spouse, 44, annual income $115k pa.
Combined annual savings $50k pa.

Our major expenses:
Condo mortgage $2400 pm
Car loan payment $792 pm
Petrol and car related expenses $700 pm
Food, groceries and utilities $2000 pm
Parents' allowances $1400 pm
Insurance $1700 pm
Other expenses include overseas holidays, restaurant dining, etc

Total net worth, husband and wife combined (including net value of condo) $900k.

How are we doing?
Can we retire at 60?