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News Retirees need RM 2,700 per month, for reasonable standard of living
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periuknasi
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Dec 12 2024, 04:14 PM
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New Member
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QUOTE(ThirdSon @ Dec 12 2024, 02:47 PM) when i old i'm seriously thinking of taking year long trip on a cruise ship lodging with free food and entertainment later if dead the captain have permission to just tossed me overboard for a final sendoff, toss at front of ship.
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Nanti Sekejap
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Dec 12 2024, 04:15 PM
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QUOTE(Skylinestar @ Dec 12 2024, 04:10 PM) Maybank fd only 2.6  nanti kalau interest naik, home loan payers berserk pulak?
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periuknasi
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Dec 12 2024, 04:16 PM
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New Member
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QUOTE(Wedchar2912 @ Dec 12 2024, 03:22 PM) i'm still using my car of 15 years old... nay, next year will be 16 years old. no issue... its a old honda accord. 20 years should be fine, especially if it is one of those car used for same town/city drive... for market... for close distance... by careful middle aged men/old ladies...hehe Sunshape come explain how much fun is to drive old honda okod.
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Sunshape
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Dec 12 2024, 04:24 PM
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QUOTE(periuknasi @ Dec 12 2024, 04:16 PM) Sunshape come explain how much fun is to drive old honda okod. why asked me?
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periuknasi
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Dec 12 2024, 04:25 PM
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New Member
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QUOTE(Sunshape @ Dec 12 2024, 04:24 PM) QUOTE(Sunshape @ Dec 9 2024, 10:27 AM) I drive a very old and unsightly car, and the police always stop me to check on me and the car. Some even purposely U-turn from the other side of the road and stopped me to check. Just now I was driving in the highway and the patrol car also stopped me when they passby. Although I did nothing wrong, the feeling was very bad and sad. Looking to buy a second hand car which tahan lasak for rough use.
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Sunshape
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Dec 12 2024, 04:27 PM
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QUOTE(periuknasi @ Dec 12 2024, 04:16 PM) Sunshape come explain how much fun is to drive old honda okod. QUOTE(Sunshape @ Dec 12 2024, 04:24 PM) QUOTE(periuknasi @ Dec 12 2024, 04:25 PM) can go to that thread and read lorrrrrrrr
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cloudwan0
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Dec 12 2024, 04:28 PM
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Getting Started

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QUOTE(jackal1950 @ Dec 12 2024, 02:39 PM) RM2700 per month RM2700 x 12 months = RM32400 RM32400 x 20 years = RM648000 Provided you are healthy and don't have medical expenses. End of the day, if you don't have enough money to retire then you have to steal food from shops and end up in prison. At least you got shelter and food in prison. simple calculation, add in depreciation, you need 1mil minimum...
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soul78
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Dec 12 2024, 04:28 PM
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QUOTE(Nanti Sekejap @ Dec 12 2024, 02:42 PM) if fd 4%, then need 800k to generate that.... not that difficult la /k all 20k salary New /K standard... RETIRE with 20K monthly passive....
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Pain4UrsinZ
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Dec 12 2024, 04:38 PM
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QUOTE(ozak @ Dec 12 2024, 02:46 PM) You need 650k @5.5% in kwsp. With 2.5% inflation, it can last you for 30yrs after retirement. is okay i only live 10 years after retired
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smallbug
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Dec 12 2024, 04:43 PM
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QUOTE(periuknasi @ Dec 12 2024, 04:14 PM) for a final sendoff, toss at front of ship. if ship got catapult, even better...
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cheryee
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Dec 12 2024, 04:58 PM
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If you have 1 mil in epf, interest at 5.5% p.a. = 55,000 @ +- 4,500 per mth hence you don’t even need to touch the principal amount.
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rcracer
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Dec 12 2024, 05:18 PM
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Welp I guess I'm ok already
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tahfeikei
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Dec 12 2024, 05:19 PM
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then how is a single worker earning rm 1500 per month going to survive???
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nelson969
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Dec 12 2024, 05:20 PM
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QUOTE(tahfeikei @ Dec 12 2024, 05:19 PM) then how is a single worker earning rm 1500 per month going to survive??? epf close eye on this one hahahaha, it is their own world kekw
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cuddlybubblyteddy
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Dec 12 2024, 05:23 PM
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Getting Started

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U gave my mum rm2.5k a month, she still said it’s not enough.
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