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News Retirees need RM 2,700 per month, for reasonable standard of living

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cloudwan0
post Dec 12 2024, 04:28 PM

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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.
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simple calculation, add in depreciation, you need 1mil minimum...

 

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