Malaysian retirement logic very flawed
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 Jun 8 2025, 08:43 AM
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#1
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All Stars
21,457 posts Joined: Jul 2012  
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According to wealth reports, only about 4% of adults in this country have over USD 100k net worth. Implied over 96% of opinion on investment and retirement is unworthy.
This post has been edited by icemanfx: Jun 8 2025, 10:10 AM |
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Jun 8 2025, 01:39 PM
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#2
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All Stars
21,457 posts Joined: Jul 2012
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QUOTE(cms @ Jun 8 2025, 01:00 PM) Report dated 2000? As late as 2024. Malaysian is poorer than most expected. Reality is often hard to accept. |
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Jun 8 2025, 01:45 PM
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#3
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All Stars
21,457 posts Joined: Jul 2012
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QUOTE(cloudwan0 @ Jun 8 2025, 12:05 PM) my oversea trip spend near 70k  QUOTE(knwong @ Jun 8 2025, 12:13 PM) Go where? Biz class to eur for 2 pax already >RM 25k, hotel >rm1k/night, food >RM 4k/day, etc, already >RM 60k for 2 pax for one week exclude shopping. |
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Jun 8 2025, 04:52 PM
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#4
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All Stars
21,457 posts Joined: Jul 2012
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QUOTE(cms @ Jun 8 2025, 02:53 PM) Rather focus on things can be improved than high level stats beyond my control. The reality remains only about 4% of adults have over USD 100k net worth.In any situation, there will be those that thrive and those that suffer. Why be bothered with things beyond my control? Rather focus and making the best out of it. QUOTE(15cm @ Jun 8 2025, 03:02 PM) most of us here have side income we dont declare like OF Unless side income is small or derived from overseas, could hardly escape lhdn.This post has been edited by icemanfx: Jun 8 2025, 04:57 PM |
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Jun 8 2025, 05:01 PM
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#5
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All Stars
21,457 posts Joined: Jul 2012
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QUOTE(dogbert_chew @ Jun 8 2025, 02:31 PM) At the end of your life, You wont remember the EVERYDAY stuff but always cherish memories of something you really aimed for, can be once a lifetime stuff eg wedding, mt everest base camp, expensive car, bike, watch.. QUOTE(cms @ Jun 8 2025, 03:05 PM) I agree. Memories and experiences last much longer than material things or luxurious it is. If those luxury items provides experience and memories then by all means. To many, holidays is memorable. Hence, willing to splash.At least for me lah. I still have recollection of family trips 30 years ago to places like genting, langkawi etc. Not luxury for sure, simple meals and not the most comfortable business seats. But the memory was good enough to last for 30 over years lolz. |
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