The setting is for 60-80 (20 years).
The passive income generation part is up to the individual if they want to take their savings out after retirement, etc. etc.

My point is even with RM1.5k salary and you just continue to work, getting to RM240k (figure specified by EPF) is not a hard target to reach.
CNA's reporting of alot of members with <50k before the age of 55, meaning even if the 40k withdrawal didn't happen they're still shy of RM100k.
That's what I meant by the withdrawal being only a part of the equation why people can't afford to retire. It's being politicized too much for people to see that the withdrawal is not the sole reason for it.

Got your point...
Tbh...if those ppl know how to manage the money..it won't have those outcome rite?
YOLO all the way...lol

Tat means u already achieve /k standard celery..
67% of 20k is a lot... But not b40 celery..
,😁

Regrettably ayam not 20k ktards, just a frugal pipit.

Work less , can't retire.. as u have little or no $$ to retire.
Work HARD, you will never make it to your retire time.

It's a tough choice. XD

Yes the trunk. Rubber tapping depth is fine

You want to leave there as decor tree izit. Let mommy bird come n build nest n have families. Can hear bird chirping sound. Awesome

Yes the trunk. Rubber tapping depth is fine

You want to leave there as decor tree izit. Let mommy bird come n build nest n have families. Can hear bird chirping sound. Awesome

Wah got article on this lol

https://www.vanillakismis.my/kalau-ada-poko...a-memang-lebat/

that why EPF better make announcement that retirement age increase, but risk of riot like france


recently sg announce increase retirement age due to no money


hope the retirement can push to 75 or 65 at least

Ok, thanks.
Yes, leave it if still not successful. Sayang to chop them down.

ooh so salty

L&G, someone above forgot to switch accounts.

Orang multi personality tableh kah...

240000 assunimg 5.5% yearly dividend. Each month can have over 1k payout. Just enough in kampung area if no major medical expenses.

too many factors, you might die even before retiring....malaysian are really unhealthy people

it depend on lifestyle also, most people who upgrade lifestyle dont really want to downgrade

240k is ok for people with minimum salary and probably would be supported partially by their kids. Too bad if their children is also earning mininum salary and even worst taik dadah parasite.

No 5mil for retirement... keje sampai mati...

My choice of retirement age is 88.

T1 in Malaysia HOUSEHOLD income starts at RM36k jer...

This level of income want to achieve 5mil is impossible... especially majority household don't even reach this level till mid 40's....


I guess 99% of Malaysians will have to keje sampai mati...

According to wealth reports, only 4% of adults in this country have over USD 100k net worth. Most adults couldn't afford to retire at 60 y.o.

This post has been edited by icemanfx: Mar 16 2024, 09:24 AM

why retire in city?
go back rural area tanan jagong selling pisang for retirement better la.
live in those wooden house.
everything is just simple and rustic.

hk and sg still have many senior age more than 60 are working still.
why they can we cant?

This post has been edited by teckyuan: Mar 16 2024, 09:24 AM