Sunday, May 31, 2009
IS IT TRUE THAT WE DON'T NEED RM 1 MILLION TO RETIRE WELL?
According to an economic specialist, Datuk Prof Ismail Mohd Saleh and an Universiti Sains Malaysia social science lecturer, Associate Prof Dr Kamaruzaman Askandar, we don't need RM 1 million to retire well. RM 120,000 will be enough if we want to retire well. Please click The Star Online for details about this issue.
Is it really true that we just need RM 120,000 to retire well? If it is true, then why do so many experts keep saying that EPF is not enough for us to retire? If it is not true, then what happens to the quality of professors in Malaysia?
If you have any constructive opinions about this issue, please post a comment here. Your sharing here is very much appreciated in advance.