How much you need to retired?

Everyone dream to retire young & rich.  But have you ever calculate how much you need to retired? Let me show you the following formula:


PF  =  DI  x  (POA-RA)  x  12 months
PF (Pension Fund)
DI (Desired Income) = Ideal passive income monthly
CA (Current Age) = Current age
RA (Retirement Age) = Ideal retirement age
POA (Passing On Age) = Age of passing

For example:
You are 35 years old & want to retire at the age of 45.  How much you need to retire?
PF = RM7,000 x (75 – 45) x 12 months
= RM2,520,000.00

Which means, you would need to have RM2,520,000 so that you can retire by 45 years old and enjoy a passive income of RM7,000 per month (assuming that pass away on at age 75)! Earning RM7,000 per month is just consider as a middle class income group!


So my friend, last time, to be a millionaire is a privilege. Now, it is becoming a necessity due to money inflation.

Can swiftlet farming help you retired young???