{"id":60424,"date":"2024-08-05T10:30:46","date_gmt":"2024-08-05T02:30:46","guid":{"rendered":"https:\/\/www.imoney.my\/articles\/?p=60424"},"modified":"2024-08-05T17:54:28","modified_gmt":"2024-08-05T09:54:28","slug":"how-much-does-it-cost-to-retire-per-month","status":"publish","type":"post","link":"https:\/\/www.imoney.my\/articles\/how-much-does-it-cost-to-retire-per-month","title":{"rendered":"What Is The Monthly Cost Of Retirement?"},"content":{"rendered":"

If you ask how much it costs per month during retirement, the answer is almost always: \u201cIt\u2019s complicated\u201d. Rather, there is no real definite answer as everyone will have a different life and financial situation to take into consideration.\u00a0<\/span><\/p>\n

What if you haven’t met your financial goals? How about if you overachieved it instead? Do you know the kind of retirement are you looking for? Will you start a business, go on vacation every year, or maybe go back to school?<\/span><\/p>\n

According to the Malaysian Employee Provident Fund (EPF), the basic savings target for most Malaysians should be around <\/span>RM240,000<\/span><\/a>, which translates to approximately RM1,000 a month for 20 years of retirement. However, this certainly does not take into account things such as private savings and retirement lifestyle.<\/span><\/p>\n

<\/span>How do you know the amount of money you will need at retirement?<\/span><\/h2>\n

For example, someone who is earning RM20,000 a month compared to another person who gets by on RM5,000 a month. Of course, how much money they will need at retirement will be very different. In order to bring this abstract subject down to earth, we simplified the approach to look at the cost of retirement based on household income range.<\/p>\n

For a more specific look, we will go over the average household income of the B40, M40, and T20 groups and from there, determine how much each income group might need for retirement.<\/span><\/p>\n

The Malaysian government is phasing out phase out the B40\/M40\/T20 classification as of 2024. This is being replaced with PADU<\/a>, the government’s new Central Database Hub.<\/div><\/div>\n

B40<\/h4>\n

The B40 income group had an average of RM3,401 in 2022, <\/span>according to the DOSM<\/span><\/a>. The basic rule of thumb for calculating retirement income is that you need at least 2\/3 of your last drawn income per month to maintain your current lifestyle. As such, the estimated cost of retirement for B40 for 20 years is as follows:<\/span><\/p>\n\n\n\n\n\t\n\n\t\n\t\n\t\n\t
Last drawn income<\/th>RM3,401<\/th>\n<\/tr>\n<\/thead>\n
Monthly retirement income<\/td>RM2,267 (2\/3 x 3,401)<\/td>\n<\/tr>\n
Annual retirement income<\/td>RM27,208<\/td>\n<\/tr>\n
Required savings for 20 years<\/td>RM544,160<\/td>\n<\/tr>\n
Required savings for 20 years (adjusted for 2% inflation rate)<\/td>RM808,593<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n

As you can see, someone within the B40 group may need an estimated RM544,160 to retire with the same lifestyle for about 20 years while spending about <\/span>RM2,267<\/b> per month. Adjusted to the average Malaysia consumer price inflation (CPI) of <\/span>2% in the last 10 years<\/span><\/a>, that amount can be as high as RM808,593 for 20 years, or about <\/span>RM3,369<\/b> per month.<\/span><\/p>\n

M40<\/h4>\n

According to the DOSM, the average household income of the M40 in 2022 was at RM7,971. Using the same calculation as the B40 group, M40 retirement income would looks something like this:<\/span><\/p>\n\n\n\n\n\t\n\n\t\n\t\n\t\n\t
Last drawn income<\/th>RM7,971<\/th>\n<\/tr>\n<\/thead>\n
Monthly retirement income<\/td>RM5,314 (2\/3 x 7,971)<\/td>\n<\/tr>\n
Annual retirement income<\/td>RM63,768<\/td>\n<\/tr>\n
Required savings for 20 years<\/td>RM1,275,360<\/td>\n<\/tr>\n
Required savings for 20 years (adjusted for 2% inflation rate)<\/td>RM1,895,118<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n

Based on the calculations above, we can estimate that an M40 household will need about <\/span>RM5,314<\/b> per month in retirement for 20 years, or about <\/span>RM7,896<\/b> per month, adjusted for inflation.<\/span><\/p>\n

T20<\/h4>\n

The DOSM puts the average household income of the T20 group at RM19,752 in 2022. As such, the retirement income is as follows:<\/span><\/p>\n\n\n\n\n\t\n\n\t\n\t\n\t\n\t
Last drawn income<\/th>RM19,752<\/th>\n<\/tr>\n<\/thead>\n
Monthly retirement income<\/td>RM13,168 (2\/3 x 19,752)<\/td>\n<\/tr>\n
Annual retirement income<\/td>RM158,016<\/td>\n<\/tr>\n
Required savings for 20 years<\/td>RM3,160,320<\/td>\n<\/tr>\n
Required savings for 20 years (adjusted for 2% inflation rate)<\/td>RM4,696,069<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n

Based on this, the estimated amount that a T20 household will need per month for 20 years is <\/span>RM13,168<\/b>. Adjusted for inflation, the amount is closer to <\/span>RM19,567<\/b> per month.\u00a0<\/span><\/p>\n

<\/span>A minimalist approach to retirement<\/b><\/span><\/h2>\n

The best way to plan for retirement and calculate your costs is to try and maintain your current lifestyle. This makes it easy to estimate your overall costs as it is what you have been doing for years. Regardless, some retirees opt to go for a more minimalistic approach. This tends to involve things such as downsizing on lifestyle costs. For example, you might want to move into a smaller house after retirement.<\/span><\/p>\n

Just like planning out a good budget, the key to a minimalist retirement is to list out everything you are paying for and see what you can cross off the list. Some of the more common lifestyle adjustments you can make include:<\/span><\/p>\n

    \n
  • Eating out less<\/span><\/li>\n
  • Downsizing your home to pay less for upkeep<\/span><\/li>\n
  • Switching to a more fuel efficient vehicle<\/span><\/li>\n
  • Cutting down on entertainment costs<\/span><\/li>\n
  • Limit your vacations to cheaper or local areas<\/span><\/li>\n<\/ul>\n

    Now let us make some ballpark predictions as to how much you might need per month for retirement. This assumes that you have no outstanding debt at the time of your retirement.<\/span><\/p>\n\n\n\n\n\t\n\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t
    Categories<\/th>Estimated cost per year<\/th>\n<\/tr>\n<\/thead>\n
    Housing (upkeep, utilities, sinking fund ,etc.)<\/td>RM6,000<\/td>\n<\/tr>\n
    Transportation (fuel, repairs, servicing, etc.)<\/td>RM3,000<\/td>\n<\/tr>\n
    Food<\/td>RM3,500<\/td>\n<\/tr>\n
    Life and medical insurance<\/td>RM5,000<\/td>\n<\/tr>\n
    Leisure<\/td>RM6,000<\/td>\n<\/tr>\n
    Holiday (once per year)<\/td>RM5,000<\/td>\n<\/tr>\n
    Emergency fund<\/td>RM2,000<\/td>\n<\/tr>\n
    Total annual cost<\/td>RM30,500<\/td>\n<\/tr>\n
    Estimated monthly cost<\/td>RM2,542<\/td>\n<\/tr>\n
    Total annual cost in 20 years 2% (CPI)<\/td>RM45,321<\/td>\n<\/tr>\n
    Total monthly cost in 20 years 2% (CPI)<\/td>RM3,777<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n

    Do note that, if you have a partner, you might be paying a little extra, or in some cases double, in a few of these categories.<\/span><\/p>\n

    <\/span>Starting a business in retirement<\/b><\/span><\/h2>\n

    After spending several decades working to reach retirement, the last thing on your mind would be to get back to work, right? Well, there are plenty of retirees who go on to start their own small businesses, be it to earn some extra cash or to chase a passion project.<\/span><\/p>\n

    Regardless of the reason, starting a business, even a small one working from your home, requires a good amount of thought and planning. You will have to determine what your skills can offer to potential clients and calculate the potential cost and profits.<\/span><\/p>\n

    Point 1: Minimise risk<\/h4>\n

    At this stage of your life, you should minimise risks to not endanger your remaining income. Starting capital should be kept low and you should not be in a hurry to expand quickly.<\/span><\/p>\n

    For example, here is the estimated cost of running a cake baking business out of your own home:<\/span><\/p>\n\n\n\n\n\t\n\n\t\n\t\n\t\n\t\n\t\n\t\n\t
    Costs for a home-made cake business<\/th>\n<\/tr>\n<\/thead>\n
    Utensils<\/td>RM150 - RM250<\/td>\n<\/tr>\n
    Baking Oven<\/td>RM500 - RM1500<\/td>\n<\/tr>\n
    Packaging<\/td>RM10 - RM50<\/td>\n<\/tr>\n
    Ingredients<\/td>RM100 - RM300<\/td>\n<\/tr>\n
    Cake baking classes<\/td>RM500 - RM1000<\/td>\n<\/tr>\n
    Estimated low-end total<\/td>RM1,260<\/td>\n<\/tr>\n
    Estimated high-end total<\/td>RM3,100<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n

    As you can see, you can get everything you need to get started with a few cakes for just around RM1,260. <\/span><\/p>\n

    Point 2: Supplement, not replace income<\/h4>\n

    If you are more ambitious, you can get some high-end utensils, ingredients, and lessons, but it will likely bump your costs up to around the RM3,100 range.<\/span><\/p>\n

    Depending on the type of cakes you make, you could probably sell them for around RM30 to RM100. If you can fulfill two orders a week, you can make around RM240 to RM800 a month. This isn\u2019t the greatest figure, as this would likely barely cover the cost of your ingredients per month, but it definitely is a decent way to supplement your retirement income.\u00a0<\/span><\/p>\n

    Besides, if you can gain a good reputation and fulfill more orders, you will likely see your business become profitable one day.<\/span><\/p>\n

    <\/span>Travelling and going back to school<\/b><\/span><\/h2>\n

    As mentioned previously, many see retirement as their golden age, where people can finally do what they want with their life after decades of hard work and savings. Many often take retirement as an opportunity to finally achieve life-long goals, chief among them might be to travel the globe or to go back to school and learn what you couldn\u2019t.<\/span><\/p>\n

    Unfortunately, the harsh reality is that dreams do cost money. That dream vacation or education is going to have to come out of your retirement fund, and you will have to plan accordingly to ensure that you have enough to achieve said aspirations without jeopardising your retirement.<\/span><\/p>\n

    If we take the standard rule-of-thumb which states that you need two-thirds of your last drawn income per month to maintain your current standard of living, we can estimate how much you will need to maintain your retirement. Let us assume that your last drawn income was RM5,700:<\/span><\/p>\n\n\n\n\n\t\n\n\t\n\t\n\t\n\t\n\t
    Last drawn income<\/th>RM5,700<\/th>\n<\/tr>\n<\/thead>\n
    Monthly retirement income<\/td>RM3,800 (2\/3 x RM,5,700)<\/td>\n<\/tr>\n
    Annual retirement income<\/td>RM45,600<\/td>\n<\/tr>\n
    Required savings for 20 years<\/td>RM912,000 (RM45,600 x 20)<\/td>\n<\/tr>\n
    Masters Of Business Admin (Universiti Malaya)<\/td>RM28,000<\/td>\n<\/tr>\n
    Required savings for 20 years (including education)<\/td>RM940,000<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n

    As you can see, you will need to start planning early to accommodate for the additional costs of studying. The same goes for planning vacations. You will need to determine how much you plan to budget for holidays, as well as how often you plan to take vacations, before adding them into your budget.<\/span><\/p>\n

    <\/span>Conclusion<\/b><\/span><\/h2>\n

    As you can see, there is no right answer when it comes to determining how much you will need per month for retirement. Everything will depend on your savings, your lifestyle, and how much you will need to spend each month. Any extra activities will naturally add to your monthly costs, so it is imperative to plan well in advance about what you will want to do in your golden years.<\/span><\/p>\n

    This article has been updated on August 5, 2024.<\/em><\/h6>\n","protected":false},"excerpt":{"rendered":"

    Depending on what you want to do in retirement, costs may go up or down.<\/p>\n","protected":false},"author":58,"featured_media":60437,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[218,240,308],"tags":[974,975,766,649,650,1048,976],"class_list":["post-60424","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-money-management","category-retirement-planning","category-saving-tips","tag-b40","tag-m40","tag-money-management","tag-retirement","tag-retirement-planning","tag-saving-tips","tag-t20"],"acf":[],"yoast_head":"\nHow Much Will You Need Per Month For Retirement?<\/title>\n<meta name=\"description\" content=\"Estimating how much retirement will cost is not easy. However, we can at least make an educated guess. Here's how.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.imoney.my\/articles\/how-much-does-it-cost-to-retire-per-month\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How Much Will You Need Per Month For Retirement?\" \/>\n<meta property=\"og:description\" content=\"Estimating how much retirement will cost is not easy. However, we can at least make an educated guess. Here's how.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.imoney.my\/articles\/how-much-does-it-cost-to-retire-per-month\" \/>\n<meta property=\"og:site_name\" content=\"iMoney Malaysia\" \/>\n<meta property=\"article:published_time\" content=\"2024-08-05T02:30:46+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-08-05T09:54:28+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.imoney.my\/articles\/wp-content\/uploads\/2023\/12\/21115728\/19A.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"628\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Jordan Low\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Jordan Low\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.imoney.my\/articles\/how-much-does-it-cost-to-retire-per-month\",\"url\":\"https:\/\/www.imoney.my\/articles\/how-much-does-it-cost-to-retire-per-month\",\"name\":\"How Much Will You Need Per Month For Retirement?\",\"isPartOf\":{\"@id\":\"https:\/\/www.imoney.my\/articles\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.imoney.my\/articles\/how-much-does-it-cost-to-retire-per-month#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.imoney.my\/articles\/how-much-does-it-cost-to-retire-per-month#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.imoney.my\/articles\/wp-content\/uploads\/2023\/12\/21115151\/19.png\",\"datePublished\":\"2024-08-05T02:30:46+00:00\",\"dateModified\":\"2024-08-05T09:54:28+00:00\",\"author\":{\"@id\":\"https:\/\/www.imoney.my\/articles\/#\/schema\/person\/504ffd45ac95c1aed85e1dfc7d4c4ea6\"},\"description\":\"Estimating how much retirement will cost is not easy. However, we can at least make an educated guess. Here's how.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.imoney.my\/articles\/how-much-does-it-cost-to-retire-per-month#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.imoney.my\/articles\/how-much-does-it-cost-to-retire-per-month\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.imoney.my\/articles\/how-much-does-it-cost-to-retire-per-month#primaryimage\",\"url\":\"https:\/\/static.imoney.my\/articles\/wp-content\/uploads\/2023\/12\/21115151\/19.png\",\"contentUrl\":\"https:\/\/static.imoney.my\/articles\/wp-content\/uploads\/2023\/12\/21115151\/19.png\",\"width\":1200,\"height\":628,\"caption\":\"Image Source: kstudio at freepik.com\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.imoney.my\/articles\/how-much-does-it-cost-to-retire-per-month#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.imoney.my\/articles\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Retirement planning\",\"item\":\"https:\/\/www.imoney.my\/articles\/category\/retirement-planning\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"What Is The Monthly Cost Of Retirement?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.imoney.my\/articles\/#website\",\"url\":\"https:\/\/www.imoney.my\/articles\/\",\"name\":\"iMoney Malaysia\",\"description\":\"Everything you need to know about improving your personal finances.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.imoney.my\/articles\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.imoney.my\/articles\/#\/schema\/person\/504ffd45ac95c1aed85e1dfc7d4c4ea6\",\"name\":\"Jordan Low\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.imoney.my\/articles\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/6511133f37ebe996d0f85c23225c28b6?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/6511133f37ebe996d0f85c23225c28b6?s=96&d=mm&r=g\",\"caption\":\"Jordan Low\"},\"description\":\"With a background in history and public relations, Jordan has ample experience in business and creative writing, especially in the field of SMEs and Human Resources.\",\"url\":\"https:\/\/www.imoney.my\/articles\/author\/jordan-low\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"How Much Will You Need Per Month For Retirement?","description":"Estimating how much retirement will cost is not easy. However, we can at least make an educated guess. Here's how.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.imoney.my\/articles\/how-much-does-it-cost-to-retire-per-month","og_locale":"en_US","og_type":"article","og_title":"How Much Will You Need Per Month For Retirement?","og_description":"Estimating how much retirement will cost is not easy. However, we can at least make an educated guess. Here's how.","og_url":"https:\/\/www.imoney.my\/articles\/how-much-does-it-cost-to-retire-per-month","og_site_name":"iMoney Malaysia","article_published_time":"2024-08-05T02:30:46+00:00","article_modified_time":"2024-08-05T09:54:28+00:00","og_image":[{"width":1200,"height":628,"url":"https:\/\/static.imoney.my\/articles\/wp-content\/uploads\/2023\/12\/21115728\/19A.png","type":"image\/png"}],"author":"Jordan Low","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Jordan Low","Est. reading time":"6 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.imoney.my\/articles\/how-much-does-it-cost-to-retire-per-month","url":"https:\/\/www.imoney.my\/articles\/how-much-does-it-cost-to-retire-per-month","name":"How Much Will You Need Per Month For Retirement?","isPartOf":{"@id":"https:\/\/www.imoney.my\/articles\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.imoney.my\/articles\/how-much-does-it-cost-to-retire-per-month#primaryimage"},"image":{"@id":"https:\/\/www.imoney.my\/articles\/how-much-does-it-cost-to-retire-per-month#primaryimage"},"thumbnailUrl":"https:\/\/static.imoney.my\/articles\/wp-content\/uploads\/2023\/12\/21115151\/19.png","datePublished":"2024-08-05T02:30:46+00:00","dateModified":"2024-08-05T09:54:28+00:00","author":{"@id":"https:\/\/www.imoney.my\/articles\/#\/schema\/person\/504ffd45ac95c1aed85e1dfc7d4c4ea6"},"description":"Estimating how much retirement will cost is not easy. However, we can at least make an educated guess. Here's how.","breadcrumb":{"@id":"https:\/\/www.imoney.my\/articles\/how-much-does-it-cost-to-retire-per-month#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.imoney.my\/articles\/how-much-does-it-cost-to-retire-per-month"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.imoney.my\/articles\/how-much-does-it-cost-to-retire-per-month#primaryimage","url":"https:\/\/static.imoney.my\/articles\/wp-content\/uploads\/2023\/12\/21115151\/19.png","contentUrl":"https:\/\/static.imoney.my\/articles\/wp-content\/uploads\/2023\/12\/21115151\/19.png","width":1200,"height":628,"caption":"Image Source: kstudio at freepik.com"},{"@type":"BreadcrumbList","@id":"https:\/\/www.imoney.my\/articles\/how-much-does-it-cost-to-retire-per-month#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.imoney.my\/articles\/"},{"@type":"ListItem","position":2,"name":"Retirement planning","item":"https:\/\/www.imoney.my\/articles\/category\/retirement-planning"},{"@type":"ListItem","position":3,"name":"What Is The Monthly Cost Of Retirement?"}]},{"@type":"WebSite","@id":"https:\/\/www.imoney.my\/articles\/#website","url":"https:\/\/www.imoney.my\/articles\/","name":"iMoney Malaysia","description":"Everything you need to know about improving your personal finances.","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.imoney.my\/articles\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.imoney.my\/articles\/#\/schema\/person\/504ffd45ac95c1aed85e1dfc7d4c4ea6","name":"Jordan Low","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.imoney.my\/articles\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/6511133f37ebe996d0f85c23225c28b6?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/6511133f37ebe996d0f85c23225c28b6?s=96&d=mm&r=g","caption":"Jordan Low"},"description":"With a background in history and public relations, Jordan has ample experience in business and creative writing, especially in the field of SMEs and Human Resources.","url":"https:\/\/www.imoney.my\/articles\/author\/jordan-low"}]}},"_links":{"self":[{"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/posts\/60424"}],"collection":[{"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/users\/58"}],"replies":[{"embeddable":true,"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/comments?post=60424"}],"version-history":[{"count":6,"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/posts\/60424\/revisions"}],"predecessor-version":[{"id":64590,"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/posts\/60424\/revisions\/64590"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/media\/60437"}],"wp:attachment":[{"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/media?parent=60424"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/categories?post=60424"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/tags?post=60424"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}