There is a poll conducted by The Edge Malaysia, about How Much Money Would You Need to Retire comfortable at 55? The poll started on 18 April 2011 has been voted by 3203 respondents (including me).
88.3% or 2827 respondents agree we should have more than RM1 million.
6% or 193 respondents agree we should have RM500k – RM750K.
5.7% or 183 respondents agree we should have RM750K – RM1 million.
Many of them agree that you should be a millionaire then you can retire comfortably. Otherwise, better to stay in job.. maybe until 58? No wonder lah there is a suggestion to increase retirement age to 58 for private sector. 😛