Tag: how much to retire
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EPF Malaysia says RM600,000 needed to retire comfortably
Many years ago, a good friend said that she would need RM2 million to retire not-so-comfortably. That’s many years ago, probably she would have changed the retirement fund aspiration higher. Well, the Employees Provident Fund (EPF) says that Malaysians should have at least RM600,000 in order to retire comfortably in major cities. I read through…
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Possible to retire with RM1 million or US$1 million?
Possible to retire with RM1 million or US$1 million? Many years ago, someone told me that RM1 million is not going to be enough to retire because that’s too little. Actually I think it’s enough because if one lives for another 20 years after retirement, then, RM1 million is around RM50,000 per year or RM4,166…