How many bear markets have you experienced?

Mind asking how long you hold the  ETF??

Which ETF is this?

You probably know that its not so straightforward easy.

Bear markets can be very brutal. Just happen that in the last couple of years, US equity bear markets have been rather mild. A lot of complacency as a result. No guarantees that such good times will continue in the future.
Worst performance for QQQ was 82% loss back in 2001-2002. If I get hit by even half of that for my retirement portfolio, my retirment plan will be toast.

In comparison, lowest epf return was positive 4.25%. The same year QQQ got negative 80%.

I opted out. Because I already have the flexibility without having to use acc3 😂

They have trust with EPF??

Don't want take risk of withdrawing & invest in risky assets.... And lose $$$$.... Since near or already in retirement phase...

EPF sufficient enough to survive till death??

Already got millions stack elsewhere... So why bother with this peanuts 10% EPF $$$ 😁

Can I check for self contribution, what's the ratio? Will money go into Account 3 from self contribution?

Yes go into account 3 also.

On the other hand, 10% of the EPF contributions from 11 May onwards will go to Account 3 which is officially called Akaun Fleksibel. However, do note that this account will start at RM0 unless you opt to take the one-time transfer from Account 2 to Account 3 which can be done between 11 May to 31 August 2024.

No after 11 May that 100K will be put into 75/15/10 ratio.

If u want it go to only Acc 1 and 2, then have to put in the money before 11 May or sooner so that it will be reflected after update.

contribute before May 11th lah... then you get 70/30 split

Not possible

BUT

If you're free...

Can go EPF office...
Fill up form & transfer the balance in account 3 to account 1 or 2 (your preference)... I suggest better go for account 2...

Since dividend will be the same, why u want to do tht?

i think im not going to move from acc 2 to 3 ...

rather keep it and get higher dividend when acc 3 gets worse treatment eventually

You can also choose to transfer first in order have it as a standby fund. Even though we have our own emergency fund, we cannot predict the future. If dividend goes lower than account 1 & 2, you can withdraw and reinvest elsewhere or as self contribute back to EPF (90% fund goes back to account 1&2).

Everything done by PMX nowadays is to appease and hope to win votes.
Preparing the ground for a bleak future for the younger ones.

Sis, is the KWSP contribution rate higher than CPF’s?

We contribute 17% and the company tops up 20% but the contribution is capped at a max salary of SGD8,000 (from Jan 2026). It’s at $6,800 right now, up from $6,000 previously

Ah, no cap. That’s why ultimately the EPF gives such impressive numbers. I mean, I barely have SGD1m in my CPF and I’ve been contributing from the day I became a PR some 25 years ago… admittedly the initial years, the percentage of contribution was lower on my side (employer still the same) as the SG government gave new PRs some financial support to buy a house by taking less out from their CPF…

I mean, prophetjul’s RM5m in EPF is a dream for me…

Don't compare lah. He is a medical specialist in Singapore while i am a Malaysian engineering manager. How to compare?
i just did the best i can with my capital avail to me.

Actually i was lucky and blessed in my career.
Normally, an engineer in Malaysia does not achieve too much financial success as an employee.
i joined an MNC as a manager and was promoted very fast to GM in my early 30s. They practiced MERITOCRACY. 
That's why my EPF grew much faster than the normal employee. 
Otherwise, there is no way i could afford overseas schooling for my children. No way.
Of course i was blessed in my investments too. 

Haha.. thanks, but a very, tiny, minuscule, microscopic correction. I hold more than 60 full bonds in SGD.

That’s why I don’t rely on my COF for retirement.

Normal contribution.
Never contributed extra. Not even sure if they allowed that in the 1980s! 
well, imagine earning RM10k at 30 in 1992. AND having 4 to 5 months bonus on top annually.    growing at 5% per annum. 

RM10,000 30 years ago is a tremendous amount of money! That's like what, RM50,000 today? Maybe even more!

Unker value peace of mind more than anything else. Maybe you are still young and have too much hair to understand that

Wooww sudah busy2

Is there a difference opt in initial transfer in May vs Aug?

Will the initial amount be the same if opt in may/aug
OR
It will follow the amount of later months?

To be fair, Epf is rather a balanced portfolio in itself. Its 50% bonds, 40% equities and properties and 10% cash roughly. 30% of the total portfolio is foreign (mostly in the equities and properties).

This portfolio mix is conservative, in fact too conservative for younger people.

Its not bad for older folks (like me!). And it's capital protected and guaranteed min returns is a big advantage. But I also do diversify further in my DIY portfolio. Having a higher % of foreign assets and also commoditrs exposure that EPF doesn have