Money Matters – How Much Money Do We Need When We Retire

Assuming that inflation in Malaysia is 3.5%, one must have total cash of around Rm1 million to maintain one’s current lifestyle for 20 years after retirement. Quite alarming….

Financial Requirements at retirement age of 55

Money required per month to maintain lifestyle (Rm)

Minimum achievable annual target return

3%

5%

7%

10%

3,000

1,579,599

1,307,635

1,100,691

874,884

5,000

2,632,664

2,179,391

1,834,484

1,458,139

7,000

3,685,730

3,051,148

2,568,278

2,041,395

10,000

5,265,329

4,358,783

3,668,969

2,916,279

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