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World’s Top 10 Most Expensive Cities

Posted in Malaysia Personal Finance, Malaysia Retirement |

Phew… at least Kuala Lumpur is not listed in the TOP 50 but that doesn’t mean that it’s a cheap place to live.

I find it hard to imagine what kind of retirement strategy people in these cities have…

1. Moscow, Russia
2. London, United Kingdom
3. Seoul, Korea
4. Tokyo, Japan
5. Hong Kong, Hong Kong
6. Copenhagen, Denmark
7. Geneva, Switzerland
8. Osaka Japan
9. Zurich, Switzerland
10. Oslo, Norway
.
.
.
14 Singapore, Singapore

Source: www.mercehr.com

I guess the common retirement strategies would be migration or work-till-you-dropped.





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  • Max Ee

    You will be surprise how well the gov plan for their ppl retirement. Also, you will be lagi surprise when you know about how much retirement fund they have in their CPF if an Uncle age 65, drawing SGD2000 per month chose to retire now… (“,)

  • http://www.meshio.com yowchuan

    Hehe… Max, I am sure there are many Uncles-aged-65 who can withdraw SGD 2000 per month after they retire if they’d been planning their CPF properly since it’s really a great retirement programme.

    From my personal experience in SG, I’ve seen quite a lot of old folks working at coffee shops and Mc D’s. Something must have side-tracked for these people.

  • http://www.meshio.com yowchuan

    Hehe… Max, I am sure there are many Uncles-aged-65 who can withdraw SGD 2000 per month after they retire if they’d been planning their CPF properly since it’s really a great retirement programme.

    From my personal experience in SG, I’ve seen quite a lot of old folks working at coffee shops and Mc D’s. Something must have side-tracked for these people.

  • Max Ee

    You are right somehow, but also they are too ‘eng’ after retired… so they chose to contribute to the society again. Inspired by Mr Lee KY. Still serving the nation at the age of 84… : )

  • Max Ee

    You are right somehow, but also they are too ‘eng’ after retired… so they chose to contribute to the society again. Inspired by Mr Lee KY. Still serving the nation at the age of 84… : )