stupid question
let just say now u have 5M in EPF will u stop working or u will still give excuse like i still working to keep me occupied as i have too much free time or my work is my hobby?

my answer - i will quite for sure... but if i ever hit 5M maybe my answer will be different nobody knows

only answer this question if you are a worker and not a boss / business owner as my question is targeting to workers (actual epf contributors)

i reach emas account, starts with 0 money transfer to account 55. cant contribute voluntary too. too bad.

Actually I'm not sure if the dividend earned on acct 55 will go to acct emas in totality or separated as it progress. I will find out soon enough next year.

During the acct 55 creation, I can see the dividends distributed in Feb 2025 prorated almost entirely to Acct 55.

Either way no impact as I already have full access to acct 55.

The dividend earned on Akaun 55 does not go to Akaun Emas. The dividends are calculated based on the balances in the respective accounts, and Akaun 55 dividends remain in Akaun 55.  Only new contributions after age 55 go into Akaun Emas and earn its own dividends.

Yeah...long time to go before Q3 is announced.  No pint speculating at this point.

but but but PMX already instructed to invest Msia.
Q3???????????

Wouldn't this already validated their arguments? Not trying to fear mongering. EPF ONLY can continue for as long as the contributions > withdrawal. So if people perceived that withdrawal > contributions then they will think it is game over. To me the fear and worry is valid (as long as don't go fearmongering). Technically speaking every banks also same, as long as people perceived the withdrawal > deposit, there will be chance of run bank.

So far didn't get any memo from EPF saying it's different rates for account Emas & account 55 😁

Possible, a concern for those below 50.

More concerned if the 50yo withdrawal is abolished.....

Or full withdrawal increase from 55yo to 60yo

2012 huh...

Next one should be when increase to 63yo or 65yo...
Probably 2027 or 2028... After new mandate is gotten....

Many keep pushing for higher retirement age...
Lack of $$$ is the main issues now....
All thanks to various multiple withdrawal done during COVID-19 period....

50 years can get which account?

Worry for what

Last time also said wanna review subsidy and become targeted subsidy with all the PADU hoohaa

Result, become MORE subsidy

Anyway, mandatory retirement age will impact more on those don't want to stop working

Even Govt servant can apply early retirement anytime they want

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..

Just for the fun of it.

If living in KV and want to hv 5 mil in epf by 60 yrs old.
Assume starting to work at age 23 and has 37 yrs to work to accumulate it.
Assuming epf giving 5.5% dividends annually.

How much min salary to hv pm at age 23 with 6% annual increment?
How many people in KV can hv that kind of work/salary in KV?

What about if want to hv just 2-3 mil in epf by 60 yrs old?

Yeap agree, no one replied my post since July , if anyone < 50 who have no concern on policy changes

What i really want to add is: everyone is entitled to plan and do freely, as long as it is following the policy and rules.
If rules changes and affecting some group but not you, you can still state your fact, but no need to laugh or belittle others that are affected

Some here really do seem to get a kick out of others’ discomfort/struggle. Much like armchair cheerleaders shouting "suck it up" from the sidelines. Can’t be helped... public forum. Best just tune them out since they rarely add value to any serious discussion.

On the FIRE angle,  that belongs in the FIRE thread. Best to post those queries there, or else mods might swoop in to moderate us from being off-topic in a EPF thread. 

Back to your example of the 38-year-old with ~800K in EPF: without more details, the key takeaway is he’ll need to rethink his financial plan after this threshold saga. If EPF rules can shift so suddenly, what’s to say they won’t move something else again? For someone who may not be able to stay the course until official retirement age, topping up further might not be the smartest plan.

And let’s not ignore the elephant in the room: the very real push to raise the official retirement age to 65. If that happens, what’s stopping EPF from saying, “For consistency, withdrawals only at 65”? Not exactly a wild stretch, right?

Final lap should be around RM500 - RM600k per annum. Should hit 1 mil late 40s. Yes I am talking about same period as you mentioned. Bearing in mind banks pays 18% employer EPF.

At the rate we going... Soon we will say we need 10m in EPF....

Just last 1-2 years ago we say 2-3 millions needed... Now it's hovering 5m....

Y'all really have fat retirement and buffering in layers of fat...

The top 1% epf members here talking about 5 m while the common public have hard time to hit 1m. But i dont see any common public die of hunger 😹

Anyways i am planning to use epf dividends after i hit 55 if i have stop working. Depending on how much the dividend is , i will adjust my lifesytle accordingly.

Anyone else with this kind of plan?

now before 50 already don't want to work anymore.