Morning guys,

I am 33 years old only, but earning around 7k to 9k per month, working as chemical engineer.

My net worth is very low, everyday I eat mostly roti and nasi lemak only.

I driving proton persona only, very cheap car.

My net worth is around RM950K (including EPF, bank acc, stocks and shares).

I got no debts as of now.

My car - Paid in full cash.

All personal loan already paid back to bank.

As of now, zero debts.

May I know am I doing something wrong? Should I be earning much more as a 33 year old Malaysian?

Oh no lah, never worked for Maybank before… it’s just that they’re the behemoth local bank, so naturally I use them as a benchmark for what a big corporate employer in Malaysia looks like.

I’ve actually been out of the market for some years, so my numbers may be a bit dated: comp is probably even higher now. What I shared earlier is still ballpark accurate.

Maybe the difference is in how we define levels. To me:

Senior management = C-suite or those reporting directly to the CEO or another very senior exec (CFO, CTO, CIO, etc.). No way these guys are only pulling RM50K a month nowadays.
Mid-level = department heads with real authority, usually reporting to a division head (who’s senior mgmt).
Junior management = a wide range, but these days even a bank branch head often falls into this category.
And of course, salary bands overlap. quite normal.

This is a very large corp in the context of Malaysia. medium ones will be lower remuneration....

On the EPF side, we already have around 90K active millionaire members. That’s over 1% of all active members. I think 1% is already a pretty decent ratio, no? even if 2%, because this is stats, I think the salary band is still consistent.

Can LHDN compel forums like Lowyat to disclose user identities, esp those boasting blatant wealth?

Answer is Yes?

talk only lah, i dont believe management executive makan gaji can get  so high salary...RM50k 100k sorry lah...
just ask  those working at your bank branch you know already.

those earning 100k and above are only the top few

management susah lah...
go  professional
those with special skillset
then yes i agree  makan gaji with big fat salary.RM50k and above

bank manager susah.

My earlier comments not about absolute high pay numbers but rather even earning at 4k from 25 yrs old at 5% EPF annual dividends for 35 years with 4% annual increments will still have 1.95M at 60.

Hence we all don't believe the EPF low millionaires stat.

As some of you have confirmed seeing pay from 20-50k per month and they are many earn more than that.