How To Plan Your Retirement In An Aging Society 

Typical Type B reply. 💀💀💀

The main expenses for the elderly is diet (they may need special diet) and medication. And for some elderly, they may also need helpers too.

Exactly....this discussion is just waste of time la.. according to your calculation 10k salary at age 35 per month only having 2.xmil and you are talking about 5-7mil for retirement is needed to live a "sad" live. If your audience listening to your advise they better lying flat. How many Malaysian can achieve 7mil. Need 7mil to live a sad live is ridiculous, assume u have 2.5mil in EPF with 5% div you will have 125k per year (10 416 per month) to spend. You better have other discussion like how do we plan for migration/ moving our asset oversea, how to survive in the country that getting conservative and religious , should we stay at Malaysia as the country getting hopeless mess-up by all the selfish politician. When there is no future in our country there is no point to discuss about retirement. The money and asset continue depreciate, stagnant income. PS: From the comment we already can see how much tension among races caused by the government "typical type b reply" > come on la Malaysian are suffering caused by the politician not cause by either type b type c type i or any types ..... If we Malaysian never unite those politician will continue manipulating us they are the one that benefit and getting rich we Malaysian citizen are the one who continue suffer.

@@schadenfreude6274 what is type B? Edit: ahhh..i figured out what type B is. You must be a sore loser type NB who is always jealous of us huh? Lol, butthurt...you will always be type NB with less privilege than us. Just get that in your stupid head.

@@user-oz9zn3sn8d, chill bro. What they said is CORRECT. The solution are 1. Make your you have investment 2. Make sure you have passive income. Investment may or may not be the same as passive income. And who say you have to stop working upon retirement? Even with today's technology (and it will be even more advance in the future), we all can work for some side income if we want to.

if you an adult u can find the answer...

@@KLgenius not as easy as it sounds for those who have been saving for decades and the fear of outliving your savings unless you know the date one expires. Thinking into it more in depth it not just being an adult.

@lilianee7778 if you claim to be "Saving for Decades" yet still need to ask such a stupid question online, then you are absolutely nowhere near retirement and probably will never be. 🙂

@@schadenfreude6274 ok cyber bullying is the smart way to go. Already early retired. But you do you.

@@lilianee7778 First you say you are "Near Retirement", now you say you're "Already Early Retirement". Can you make up your mind? And this is not Cyberbullying. I'm just trying to teach you some Important Life Lessons. Lesson 1: Know your actual Retirement Status would be a very good start ya? If you don't even know whether you are retired or not, you will not be even able to handle simple financial decisions at all. 🙂

What is type B

Not really enough just about RM4k a month per person.

@@leealex24 Actually I’m doing it now, oat for breakfast, lunch and dinner bought from restaurant. Total around RM30, oat is cheap less than rm20 enough for 1 month. Medical insurance rm220 and life insurance rm150. Some more can dine out weekly. However if you want to live a very comfortable retirement life like travelling around the world, it is surely not enough.

It is not a question of possible or not but rather are you capable or not.. depending on the value of your skill set to the market place, if you can help your company to earn more, you can even demand for 20k. DiGi used to have a CEO who is only 35 years old.