Couple early 40s working professionals with two young children
Combined employment income: $230k pa
Rental income from 2nd property: $41k pa
Fully paid HDB
Outstanding loan on 2nd property: $1mil
Net worth: $1.5mil (including $400k fixed deposits)
No car
Annual savings: $80k
Both target to retire in 10 years time (before 55 years old)

Are we doing fine?