80yo? That’s suffering for most.

Better legalise euthanasia so ppl easier to plan their retirement.

20 years projection with zero consideration of inflation, this EPF officer big fail.

The Madey way

Same amount of money means very differently across different spectrum of income earners. Some B40 may barely earned 600k in their entire working life, much less saved such amount.

For many working ppl, retirement probably mean end of shit treatment from bosses. Why not?

ok. will spend till left 600k when reach 55 yrs old.

600k is basic only...want comfortable at least 1m

Nasi lemak import , ayam import , teh tarik import , roti paratha import

Soon all food in Malaysia will be import

Just hope die faster after retire

Topkek 600k

600k per annum interest 5% =30k per year /12 month =rm2.5k per month

pay utility also rm1k liao TNB, water, , remain 1.5k to makan usage daily , 1.5k /30days = u can only spend rm50 per day , 1 meal also rm15 nowaday including drink , if go mall, parking, take mrt , bus , whatever extra fees u fuk up, just stay home

600k retire, doable

asume inflation = epf dividend

every month will have rm2500 to spend

more than enough if
1. spouse also have 600k
2. 600k no need spend on charsiew son
3. healthy or gov continue low price clinic & hospital

if you have passive income lagi comfort

make it 2 mil, then make sense

600k and relocate to rural area for retirement

Doable

FIRE movement how?
Haiz

let's say nasi lemak today Rm2
to hit Rm20 in 10 years, year on year nasi lemak inflation needs to be 25%
you willing to bet on that?

saya doakan.... untuk kita juga.

600k now, what about 20 years later? 1.2m?

600k?
try 1mil at least la

Ganinia also doubled its price since 10 years ago, and our economy is still OK-ish back then.

With the shit economy and upcar direction our country is heading, 10x of inflation/devaluation in 10-20 years? Yeah, totally see it coming, that’s if MYR still can at least maintain a single digit exchange rate to USD/SGD.

This post has been edited by msacras: Oct 20 2022, 10:01 PM