Middle income couple, 47 & 45 yo, makes $184k pa combined. We save $45k pa.

Our expense items are home mortgage, car instalment and expenses, household expenses, parental allowance, children's expenses, holidays twice a year, eating out, taxes, insurance, etc.

Home is a condo bought in 2013 for $1.1m with outstanding mortgage of $300k left.

Other assets (stocks, cash, CPF) $500k in total. Total net worth $1.3m.

Do you think we are managing our finances well?

We want to retire in 10 years time. Possible?