Middle aged (or there abouts) Australians, what are you saving for?

My wife and I were having a convo last night about our current financial situation, and at 40 years of age we aren't sure exactly what we're saving for.

Our current situation is:

PPOR approx. $1.2mil. Mortgage $450k Savings/offset account - $60k Super (combined) - $200k No other debts or loans

Income of $10k per month We have 5 kids under 12 - we put away $75 a month for each of them for when they turn 20, and have another small account that will buy a sensible car for them to use to learn to drive.

I have been previously burnt on investment property and we're pretty risk averse. We have private health.

I guess I'm not looking for financial direction, more to understand what other proper adults are targeting right now. We've been together since we were 15 so in many respects, still feel like teenagers pretending to be grown ups lol.