I agree, this might be true for most people. But for some minority people (people like Ramjade), they live well below their income. They might earn RM50k a month, but they live like they earn RM5k a month. So there is no problem with retirement when the time comes.

it really depends what's yr view on living like millionaires, not saying that millionaires cannot have their lunch at kopitiams or eat dinner at kfc, mcd. 7-figure net worth is nothing in malaysia, sure u can live comfortably.

however even HNW will most definitely want to indulge in fine living. no point working up to that point and not enjoying life.

I guess you refering to 7 figures millionaires in RM terms, there are many out there... in USD term, around 43,000 as of 2016 as stated here (https://www.straitstimes.com/asia/se-asia/malaysias-rich-drive-demand-for-high-life)

Millionaires not neccessary want to stay in "million" worth of properties and take up loan for that. Instead, pseudo affluent may... this article is well written (https://thinksaveretire.com/pseudo-affluent)

And, imnotabot speak it out and loud where everyone had different financial goal.

UHNW is different league... Showtime747 will be a better person to tell.

Added:
I'm enjoying millionaires interview series..... https://esimoney.com/category/millionaires/page/9/;
And come across money critics article and I shared the same views (https://esimoney.com/ignore-money-critics/)

Why dont you show us where is your location and where do you work? Distance so we can know the distance you travel daily? By the way, since you want to be so frugal and some forummers have calculated the distance to work is about 6km then why bother to drive? why not take a bicycle?

by the way, can you advise where to get clothes for RM1? some more is real original.