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 RM10.8k = Top 10% earner in Malaysia

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DM3
post May 19 2025, 08:54 AM

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If cross check epf,Lhdn, yes quite close, only 2mil+ payin taxes n so many reports of very super low % earn or have savings above 250k
DM3
post May 19 2025, 01:57 PM

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QUOTE(TiramisuCoffee @ May 19 2025, 01:47 PM)
But horr dunno why v keep reading news clerk got conned Xmillions Cikgu kena luv scam Xmillions Retirees Kena tipu RMXmillions… where cum those money…  unsure.gif
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U expect how many % earns alot? Ppl around u or u knw earns alot
Justify mostly high income.
Jus like many simple minded ppl think many ppl goes to mall means economy doing well.
Those rich or hv huge savings are those just those less than 3mills ppl vs 15+mills are not.
Income GDP Msian already so low
DM3
post May 20 2025, 07:46 AM

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QUOTE(p4n6 @ May 20 2025, 06:42 AM)
RM10k salary i think only will get RM7k nett income after deeuctible.

Some people get 10k salary will feel they are T20 and buy Tesla,BMW,Benz to show others they made it, buy Rolex … and buy house cause hi rise for B40.

So only left RM2k monthly for other expenses.

Sometimes also depends how you spend.

Wealth is how based on much you accumulated not how much you spent …

If based on my categorization, I think

1. 4 figures monthly income = B40
2. 5 figures monthly income = M40
3. 6 and above figures monthly income = T20
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Sorry ideally yes all wants to be the higher category but ur 6digit income is like T5 or lesser.
Sad reality here. 67% wage earners n the rest business,self /investment.

https://www.dosm.gov.my/portal-main/release...ent%20in%202019.

 

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