Jul 9 2024, 08:18 PM
QUOTE(gamenoob @ Jul 5 2024, 10:14 PM)
And you don't have to take all your acct 55. You can treat it almost as ATM while still enjoy the dividend until 100 yrs old.
As for Acct 60, think of it as 5yrs bond/FD when you are 55-60 yrs old.
Actually your last 5 yrs of 55-60 technically is your peak earning and should be sizeable earning even only 5 yrs. Say you earning 22k a month at 55 at 23% contribution, you would accumulate 340++K ..... that more than what majority of the members % that have less than 250k that always published by epf etc.
based on what I seen so far, those continue to work after 55, normally with pay cut, many got retrench before that.As for Acct 60, think of it as 5yrs bond/FD when you are 55-60 yrs old.
Actually your last 5 yrs of 55-60 technically is your peak earning and should be sizeable earning even only 5 yrs. Say you earning 22k a month at 55 at 23% contribution, you would accumulate 340++K ..... that more than what majority of the members % that have less than 250k that always published by epf etc.
check the company you working with, how many now age between 55-60?
i work for global fmcg mnc, malaysia entity has 0 headcount between 55-60.
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