I also hoping too...

But let's be realistic.... It's gonna be one ugly year....

Thanks to unpredictable Trump & his kerp changing policies....

Haha, well My main concern is full withdrawal at 55 though. They already moved 1 m goal post which impacts many of us.

https://www.kwsp.gov.my/en/w/epf-releases-b...quacy-framework

Next Year effective

unker tua
many in here already told  you off
stop your  fear mongering!!
writing on the wall?
you mean that min amount ?
why increase to RM1.3Million?
then later on RM1.5 Million etc?

itu pun tak faham?
inflation mah
life expectancy longer mah
you need more money mah
before you die

how can you simply wanna take out?
prematurely before 55??

ini EPF for retirement lah!!

Not for you to suka suka wanna take out
before you reach your  adult age!
i mean 55 lah

and forget it!
if you tried to use increasing  retirement age
to 60 as another fear mongering

Maybe you did not read the news. Retirement age is the main agenda in the news lately

trust the facts
trust our common sense

fear mongerer dont have common sense
dont read facts
oh retirement age increased? habis lah my EPF  stuck

oh  min increasing to RM1.3Million? habis lah my EPF stuck 

without  really thinking what is the problem...

they only know how to cry wolf coming
so cepat  lari EPF....

It's only the contributions into EPF after age 55 that is locked until 60.

So not that bad really.

if you die by 55 then how? not worth it...
you need to learn how to use money dont be like me
my mentality and your mentality is the same and i dont know how to change
dont be like me no good

it's quite hard to start spending lavishly when one lives a frugal life... ive been trying to spend more but it has been quite a challenge... lol

most likely the kids can retire early with our epf money after we gg...

You don't think putting practically 100% of your wealth into EPF is actually aggressive?
That is the general definition of putting all of one's eggs into a single asset... and is generally considered risky and aggressive.

same thing if we choose another asset class like gold or bitcoin or pure cash in ringgit papers. if everything is in just one thing... it is too aggressive a asset allocation.

But really, I am not here to judge... I just stated what is conventional knowledge. Nothing wrong with going against conventional wisdom, if you are fully aware of your choice.

Out of curiosity, how old are you (age bracket will do)? cos the same advice cannot be given to someone who is like 20 years old... just saying.
(I guess the older one is, maybe can all in into EPF as it does provide a lot more benefit and protections and some estate distribution features)

Like for my case, I like EPF as much as the next joe (I've stated this many times in this thread), but even so, the highest allocation ever in EPF was maybe 40% when I was working. now, it is like low teens... maybe cos of my age and hence the allocation.

2.5 million is our goal if we want to retire comfortable now
i use to focus on 1.5M but after knowing that medical cost is so expensive i think 2.5M is needed
even with insurance it wont help especially when you old you need to take supplement, you need physiotherapy, you need domestic helper

i start to plan all this as now i am at 52 this year and why 1.25M per person as i need to cover for my wife so i need to have 2.5M for 2

future cost in 10 years - hopefully this number maintains!
domestic helper - RM3.5k per month
physiotherapy for 2 - RM1k per month
insurance for 2 - RM1.2k per month
tnb - RM500 per month
water bill - RM50 per month
supplement for 2 - RM500 (milk powder, omega, vitamins, ect)
medicine for 2 - RM500 (depend on your sickness - just assume u have heart problem, cholesterol problem, diabetic problem, high bp)
phone bill for 2 - RM100
unifi - RM150
other misc - RM1000 (clinic visit, travel cost)
makan for 3 - RM3000 (me, my wife, domestic helper)
Total 11.5k

Estimate i think on the safe side just make sure put 15k per month for expenses

2.5M x 5.5% = RM137,500 per year dividend
137500 / 12 = RM11458 per month so need to take out additional 3.5k per month to top it up until RM15k per month
chatgpt projected as long as i have 2.5M and i consistently withdraw RM15k per month and with dividend of 5.5% after 20 years i should still have 900k left...

if you think the above number is not realistic i really welcome you to comment so i can adjust and plan accordingly
i have 8 more years till retirement but if i continue to work for the next 8 years and do not withdraw any money from EPF and continue to slowly pump like RM10k per year i might hit it base on my calculation

while this maybe out of topic, as a parent with kids i found it hard to save money for their tertiary education.  So question is, is it norm to depend on my own EPF for their teriary fund, which can be easily 200k+ per pax.

live under your roof, eat with you...
not necessary need to study overseas to find job overseas. seen people study overseas also fly back now.

my abang and I both study local, now both work overseas...

i mean if wanna study overseas, best get scholarship, smart kids are commodity for any countries.

I think all of us should experience it at least once, this close shave with death, to fully appreciate the remaining lifespan which lies ahead.

For those who model retirement based on dividend income from EPF, how do you adjust for low dividend years, e.g. if it went straight down to 2.5%? Cukup makan ke?

Everyone should aim 5mil in EPF...

for you to hv 5mil by 65...

you just need 2mil by 40..

yes..

wait... are you assuming that the chap with 2mil in epf at age 40 only has that 2 mil in epf and no other assets or can no longer work anymore? 

If you run a scenario analysis and compare Person A who saved diligently into EPF from 2000 until 2025, max out his RM60k voluntary contributions VS Person B who earned the same amount but invest his savings into buying up landed double storey terrace house, who will be richer today?
Assume Person B is a small business owner who didn't need to contribute into EPF at all and earned the same salary as Person A.
Doing the similar thing today expecting different results is insanity

Unker know a lot of Person B. They didn't trust giving money to others to invest. They just stuck to plain vanilla investment which was buying up houses in their own neighborhood. They don't need permission from "Father mother" to take out their money. They just refinance their properties

Invest in what you know especially what you can control

When you give your money to others, it's no longer your money

You have very little control over it

Promises can be broken. Trust can be betrayed. Nothing is guaranteed.

Anything which comes with guarantee or promise.... usually you're paying for it