Age: 38, 36.
Married couple with two children
We earn $390K so around $32.5K a month but more than 20% of the total comes from discretionary bonus. We save $15-20k pm.
Home: Condo worth $1.4m. Mortgage outstanding $650k.
4-yr old car fully paid up (ard $90k value).
Liquid assets (cash/CPF/investments) $1.1m
Illiquid assets (insurance/endowment policies) surrender value $250k