It's not easy because we think it's not easy. But when the EPF yield drops, and our RM drops in purchasing power, then we can see that the SGX is ready for buy-ups again. It's all in the mind,... we have had it easy for many years, when the Ringgit had its purchasing power and normal inflation in the urban areas were manageable.

The new normal is now no more the above with the Ringgit.

Even if the Ringgit manages to regain some strength against the USD, the prices of goods and services in the country will not drop back after such prices have gone up.

I'll take a mid-position - 5.75%.

Ha ha, sitting on the fence!

please not that guy give statement, all come out from his mount can make whole Malaysia being viral

oh the 'MSLM' guy ah seriously tak boleh pakai one. Last year his name top 10 google search in malaysia

Wanna ask, those dividends that you get are you able to use them or stay on your fix FD?

Yup. He said simply like he can control all. But the fact he know nothing.

Sorry OOT.

simply cannot withdraw leh.. So keep in epf acc lor

Sigh if that is the case, you better live long enough to enjoy the dividend, if not so damn wasteful.

55yo can withdraw all before that also can, for house, UT among others

55?

I foresee that being 58 then 60 then 65 then only installment payment

huh? epf say 55 withdraw stay as usual

I will keep the money in EPF unless it drops below FD rate subsequently in a 3 years row.

For those who are knowledgeable in investing, and willing to take risk, of cause, they have more options. For many ordinary people, especially, average retirees, know nothing about investment, many options are not for them.

I have seen many retirees moving all their money from EPF to FD, just because of no trust on government. But, the fact is, all these years, these average retirees are losing their income 1 to 2%. Assuming if they have RM200K, we are talking about RM2 to 4k every year. RM4K is a lot to an average retiree.

This post has been edited by kpfun: Jan 14 2016, 01:07 PM

That's right ! That's what they said last year, ie upon 55. They also said that if we withdraw all, then we will be out of the scheme. However, they did not say anything about withdrawing partially, I would assume that withdrawing partially remains status quo, incl. withdrawing just the dividend.

guess all remains status quo! Only different is there's islamic acc..

I am guessing they are extending the age limit cause Government needs more money XD

part correct

Well,... between holding the PNB Fixed-price Funds and holding to EPF Funds, I will choose the EPF. For diversification into MYR holdings, yes, I would agree that the EPF is more transparent and better-governed, till now,.... But don't know how will things pan out in future....

Anyway, we have no choice, right ? Since we are atill many years away from the EPF, we can't withdraw from the EPF anyway, unless we give up our citizenship.

Don't play play cgpa 3.8 okay