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Old 13-09-2013, 09:21 PM
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You definitely cant live like a king with RM9k in KL or Penang. Assuming you and your spouse, put aside your kids. Living in a RM1mil teres (market price), RM250 C Class Benz, Each month you have to pay RM4.5k for housing loan (30 years loan) and RM3k for car (9 years loan). And remaining for road side hawker food, RM5.5 for a bowl of noodle and RM1.8 for kopi. Ppl always think that living in Malaysia is cheap.. and not even king, just average living lifestyle..
Retiring with RM9k pm for a retired couple is very comfortable in KL. You can rent a 1 bedder for RM2k pm. If you buy a brand new car, you can get a decent new car (foreign make) for about RM2k pm (9 years loan, 3%). Food, petrol, entertainment, medical, utilities and misc RM4k pm. You can still save RM1k pm.

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