IF....iffy....EPF will not make you rich. Managing your career and investments will determine how wealthy you get or not.

IF I dump everything into gold 23 Years ago, I will be a deca millionaire 3 times over.

Only if EPF had been a big major investor of PBB. 😂
IFFY

This post has been edited by prophetjul: Jun 7 2025, 03:09 PM

EPF will not go bankrupt. The people will. Because the government cannot manage healthcare in the nation, they will allow the people to finance it through the scamming insurance companies and private medical centres,

______________________________________________________
https://www.freemalaysiatoday.com/category/...urance-payments


PETALING JAYA: The government is considering allowing Malaysians to use the funds in their EPF Account 2 to pay for their health insurance premiums, says health minister Dzulkefly Ahmad.

If implemented, it would benefit 16 million EPF members who would have access to private healthcare

“Only a small percentage (from the EPF Account 2) would be used for the insurance payment. Members won’t even feel it as it’s not coming out of their pockets but their EPF accounts.

“This is the best way. At the end of the day, our people will get the necessary coverage, like in Singapore,” he said, reiterating that this would be on a voluntary basis.

Yeah. The medical centres and insurance companies will be salivating with access to EPF monies.
With the failing public health institutions, the rakyat will be forced to go for insurance to cover their healthcare needs. Most do not have health insurance because they cannot afford it.
Now, they will have access to 'free' money to cover this cost.

They had some UK properties leased to medical centres and they want to sell them. Smart or not?

https://www.calculator.net/investment-calcu...tit=0&x=68&y=27

Great calculator for future value of your EPF(INvestemnet) with annual contributions

Retirement Calculator
https://www.mycalculators.com/ca/retcalc2m.html

In 1983 I started as a graduate engineer with salary of Rm1,200.
Presently the same engineer will receive approx 2,500 to 3,000.
I think its very very low
It's only 2.5% CAGR.
At that time a Toyota Corona was Rm23k.

For me:
EPF- High CASA
Foreign equity portfolio- higher risk assets
Gold- long-term ringgit inflation hedge

This post has been edited by prophetjul: Jul 13 2025, 09:53 AM

Runggit millionaire is nothing to speak of! 😅

Wishful. LoL.
But I like to think I am a bit smarter than Runggit hoarders:
https://www.thestar.com.my/business/busines...ld-buying-spree

Gold has returned in Runggit terms almost 12% CAGR since 2002.

https://theedgemalaysia.com/node/764747?fbc...lDeLuvfJuqNfTqw

13MP: Govt considers monthly EPF pensions payout
By Syafiqah Salim / theedgemalaysia.com
31 Jul 2025, 01:58 pm


Photo by Sam Fong/The Edge

KUALA LUMPUR (July 31): The government is considering introducing a monthly pension payout under the Employees Provident Fund (EPF), in addition to the current lump-sum withdrawal option, to provide retirees with a more stable income stream.

Adequate retirement savings are crucial to ensure the well-being of workers in their old age. Therefore, a more effective mechanism will be explored to ensure a continuous source of income after retirement, according to the 13th Malaysia Plan report.

“This mechanism will allow for the separation of EPF contributions into two components — retirement savings and retirement pension. Through this effort, workers will be able to withdraw a portion of their savings while also receiving a monthly pension upon reaching retirement age,” the report added.

I was thinking the same

Maybe its on the way to full annuity payments.

I will probably withdraw 80% and leave the rest inside.
What's your take on this, bro?

They may implement this shit in the new Year and we can still receive our dividends for Year 2025.

Hope i am not your dad!
Yes. Every week we see high net worth suckers including professionals who lose their savings to scams. Recently a lady doctir lost RM8MILLION.

They did not explicitly say that. PMX did not say that.
In fact, we already have a monthly withdrawal option. They just want to control the outflows of EPF funds. I guess they need to keep the funds inside for a longer time. And government used the word PENSION. HECK! Does he even understand pension?

AND this is the thing: WHY IS THE GOVERNMENT INTERFERING WITH EPF POLICIES?

So why lock up the money? Pray educate us.

IF it's optional, then it's good. BUT we don't have the details yet. Thus, the speculation.