Category: Retirement Related
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EPF Malaysia says RM600,000 needed to retire comfortably
Many years ago, a good friend said that she would need RM2 million to retire not-so-comfortably. That’s many years ago, probably she would have changed the retirement fund aspiration higher. Well, the Employees Provident Fund (EPF) says that Malaysians should have at least RM600,000 in order to retire comfortably in major cities. I read through…
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Old and poor is not a good idea. Please take care!
Old and poor is not a good idea. Please take care!
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Congrats! If you are within this 12% Malaysians who could retire early
Congrats! If you are within this 12% Malaysians who could retire early
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EPF? Withdraw RM10,000 today is equal to RM100,000 or more when we retire
Withdraw RM10,000 today is equal to RM100,000 or more when we retire
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Possible to retire with RM1 million or US$1 million?
Possible to retire with RM1 million or US$1 million? Many years ago, someone told me that RM1 million is not going to be enough to retire because that’s too little. Actually I think it’s enough because if one lives for another 20 years after retirement, then, RM1 million is around RM50,000 per year or RM4,166…
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How much savings is enough in future? RM3 million?
How much savings is enough in future? Ever wondered who could save us if we did not save enough? Malaysians are definitely saving less these days I think everyone knows that Malaysians are saving less today, right? We are saving less. Some say it’s because we are earning less. Erm… One major reason is also…
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Yes, our EPF dividend continues until we are 100 years old.
get to know about your EPF dividend. Malaysia’s life expectancy is 76.22 years. Well, considering we work till 60 typically, that means we should have enough savings / assets which we could sell OR a lot of EPF savings which could last us 16 years. Speaking about EPF savings, there was this viral piece of…
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Penang for retirement? One of the top choices of course. 3rd in the world even.
Penang was the place I started my career and stayed for 15 years. I still own properties in Penang till today and the biggest reason for me whenever I share with people about Penang is this fact. Penang has it all. One can be a senior manager in a world renowned multi-national company based in…