Maybe stick to topic? become rojak dy

Chinese work hard. Tak beranak satu team bola sepak. What did they expect? Tarak duit, tak pakai condom, beranak beramai-ramai, kahwin 4. Of course hidup merana like that! If i beranak satu team bola sepak, i would have join them long time ago.

I thought dividend was a reflection of investment performance made?

does the gov have the power to say let us keep 20% and use the 20% to help pay the country debts?

Too low then just leave 1m. Withdraw remaining

1 month salary 1.8k
11% employee
12% employer
total 23%

1.8k x 23% = 414
414x 24 months = RM9936

so it is quite possible since yet to factor in dividend for the first year

so you are right

but how come gov report that 76% of Bumiputera that contribute to KWSP has saving less than 10k?
maybe gov tipu us with the number?

Kinda did well...
Not that excellent... Acceptable 💪🙏

Last year your 1 million EPF give you RM61,000. This year only give you RM53,500.

Plus inflation was at 7%... same meal same price but all the contents shrink a bit... 😅

it's all not about the money right...

but the investments is "clean", Islamic compliant & good alternative to conventional type 

[attachmentid=11433926]

Data from EPF web. Lazy to put in the graph titles etc. Ha.

Your view on these dissections?

In the 2nd graph, the Chinese really stand out with their savings, compared to other races.

P/S Before you reply saying the amounts stated are wrong as what you have in EPF is a lot more than the average for your age group, the stated amount is average, so diluting your higher amount. Median is the middle value from low to high.

But the categorisation of B40/M40/T20 is already not correctly represented.

It is what it is.... that's the stats... and only an approximation as we only have the active members' stats.

But if we try to link (not the right way to link also) this T10 having 510K rm in EPF with Khazanah's T10's mean income of like 12K rm per month, one will really start to wonder....

the original T20, M40 And B40 Income Classifications...

I first read it from a khazanah report, but it could be created by DSOM...

Yes.
So true...

Really worries about the future....
EPF better do something higher rate... And no more special withdrawal 😉

How can it possible that someone has RM2M in EPF at the age of 20-24?

Don't worries

Tongkat mentalities...

Gomen would help 15 year down the road...
It's our  privilege... No gomen can rock the boat 💪
Gomen would top up $$$ for us
Myahahaha

Gomen also no money.

What tongkat ?

That is why need EPF !!!

Hmm...
too bad then...

Should have extended it...

Pardon me if this is common knowledge. I only realised this the other day when I looked at EPF press release on their B40, M40 & T20. Why is the number of members in B40 and M40 the same? I used to think that there is only 1 common set B40, M40 & T20 for our country. Wrong. The reason why B40 and M40 member numbers in EPF are the same is that B40 is 40% of the members from the bottom up and M40 is the next 40% of the EPF population.

Ditto for B40, M40 & T20 in LHDN. And others.

So, we cannot compare/equate B40 in EPF to B40 in LHDN. Different population segment.

Maybe we can compare B40 in EPF with B40 of another retirement fund.

If I am wrong, please give me a shout. Thanks.

P/S Curious, which B40 is higher, EPF or LHDN?  Saw a report stating RM35k to RM100k as LHDN M40.

Don't know.... but what I know is I am clearly in B40 according to the DSOM/LHDN definition.... in fact, I am at the bottomest 1% for sure.

I deserve handouts, and it should be based on DSOM/LHDN definition...

Please ignore my balance in EPF.