Well.....personally looking at the situation in Malaysia, I don't think it's trajectory gonna change anytime in the future, barring any gamechanger. It doesn't matter which party is in power, the trend will not change.

So, do you think that building a life in Malaysia is still the best option for most people and for their children? Or is going overseas the better option?

For me both have their pros and cons but I can share with you what I see to be pros and cons.
Pros of staying in Malaysia:

- Low cost of living
- Familiar environment
- More laid back compared to fighting it out overseas
- Familiar food
- Familar culture

Cons of Malaysia

- Weak currency
- Economy is falling further and further behind every year and doesn't look to be recovering
- Education is quite lacking
Pros of migrating

- Higher earning with stronger exchange rate
- Better education
- More developed industries for the aspiring person

Cons of migrating

- Most of the developed world has insane housing and living costs which minimize or negate any advantage in earning power increase
- Stressful as you are a migrant
- Not familiar food
Hence, I think, the best is to work in Singapore then retire in Malaysia. Earn SGD then retire in Malaysia to spend it. It is better than working in Australia, US, Europe, Japan, Korea, Taiwan which is probably a struggle to earn enough to have a high quality of living.

It is also better than working in Malaysia and struggling with the weak currency as well

Do you agree?