PSM deputy chairperson S Arutchelvan responded with an “astonished face” emoji when an article on the retirement plan of affluent Malaysians was forwarded to him via WhatsApp.

Quoting HSBC’s Quality of Life Report 2024, the article stated that well-heeled Malaysians cited RM3.61 million as the magic figure for a comfortable retirement.

Struggling to fathom the divide...