One easy question, but with many answers to it.
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From a salary standpoint:
If you are a 25 year old workholic and make RM 4,000 a month, you will be worth:
RM 4,000 x 12 months x 30 years (assuming you are retiring at 55 years old, 55 minus 25)
= RM 1.44 million approximately
That’s assuming you are ONLY earning RM 4,000 flat rate per month and your boss is so mean that you don’t get a single increment until you retired.
Find out how much you compare to these billionaires.
Of course, that’s just a VERY rough idea of how much you will need to have in the event you wish to stop working earlier than your retirement date. If you are retiring early due to any major illnesses, add that to the bottomline and you will understand why some family eventually run into financial difficulties and faces the possibility of bankruptcy and heavy debts.
You can choose to stop worrying and start living, or continue to live worrying when the doc will knock.
Well, whoever said it’s NOT going to happen to you? ;-)
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Fabio
