Embodiments of the invention provide a thermally assisted magnetic recording medium, which can overcome resistance against thermal fluctuation at RT and write capability, obtain a drastic temperature variation in coercive force at right below the recording temperature, and be formed at low temperature. In one embodiment, the medium has a layered structure formed of a lower high-KF ferromagnetic (F) layer formed on a substrate, satisfying TW<TC, an intermediate low-KAF antiferromagnetic (AF) layer satisfying TB<TW, and an upper ferromagnetic (F) layer for recording and reproducing, satisfying TW<TC, where TW is a recording temperature, TC is a Curie point, TN is a Neel point, TB is a blocking temperature, KF is a ferromagnetic magnetocrystalline anisotropy constant, and KAF is an antiferromagnetic magnetocrystalline anisotropy constant.