PETALING JAYA: With living expenses on the rise and inflation hanging over us all, those edging towards retirement are using all means necessary to save a buck.
From choosing to resume work to spending prudently, they say it’s the little things that help cut expenses, especially in the long run.
“This is the bare minimum to maintain your current lifestyle or live comfortably, especially if you’re talking about the nation’s capital. “There are always ways to cut costs, but smart financial decisions leading up to retirement are crucial to allow us to retain our lifestyles once we do not have a fixed income anymore,” he added.“My family members and I all have medical insurance on top of coverage provided by our companies. It gives us peace of mind to know that medical expenses can be sorted out if the need arises.
Malay language instructor Siti Zubaidah, 56, said she was hesitant to fully retire due to the uncertainty of living costs and price hikes.“Despite having , I am still concerned about whether I can enjoy my golden years. By continuing to work, I would at least have a constant income source,” she added.
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