Hi all,

Are there any Malaysians in this forum? Need your advice. We are a couple in our mid 50s and we are planning to retire next year. We have decided to retire in a Malaysian city or town. Our children are grown ups and independent. When we retire, we will rent out our HDB flat (cleared the mortgage) for about S$2,500 per month and we currently get S$1,500 per month from dividends. So, our passive income will be S$4,000 per month or RM10,000 per month (RM120,000 per year).

Can you please advise which city or town in Malaysia can we retire comfortably? We budget RM2,000 per month for rent (can be a studio condo unit) and the rest will be for food, utilities, transport, entertainment and some savings. Please don't suggest JB due to our personal safety concerns.

Appreciate your advice. Thank you very much.