200/150/21 I don't think is the right way to calculate.... nonetheless, maybe this is the arithmetic annual returns I guess... overstates the return way too much.

even the formula (350/150)^(1/21) is not right, because deployment of cash is not a bullet at start.

by right need to layout all the cashflow and find the discount rate/compound rate to make your entire cashflow after multiplied with the compound rate to sum up to 350K rm.

your returns is most probably between 6.3% and 4.1% ( = (350/150^(1/21) )

Just change the employee salary contribution to a higher %.
This option has always been there.

Changing the self contribution limit will just add noise to the whole political arena and serves no purpose. Also very hard to justify... someone who can have excess 200K rm consistently every year is not the target market of EPF to help...
(personally, I also prefer unlimited amount, but reality in Malaysia doesn't allow such limit)

Bro, share share how you plan for the more rewarding stuff can?

Inflation is low by global standards 🤦‍♀️ Malaysians inflation seems highs is not because inflation numbers but the systematic of stagnating and low wages in this country coupled with high subsidies that the country loves

July have to start elections while BNM cannot hike by year end because global recession is coming Q3 🤦‍♀️

Subsidies removal good remove all them and let the rich pay more and then targetted subsidies instead now blanket subsidies which a lot taken for granted 🤦‍♀️

This is a very interesting thread from EPF dividend to how to navigate life using EPF

Just curious those who are on KWAP or pension model if let is just say their last drawn salary is 10k then when they retire how much monthly will they get and until when will they get? Really curious why not all on EPF which is a fair game vs KWAP where it is funded by Gov...

3mil in 2041 is about 1.25 mil today @ 5% inflation

you can withdraw 8.3k per month in todays money for 20yrs @ 5% div

more than enough i think

https://www.freemalaysiatoday.com/category/...pf-withdrawals/

“I need my retirement money to rebuild my life. For instance, I can drive a Grab car but I have no capital. I will use the money to rebuild my life, not to spend it on luxuries,” he said.

The second guy also mention car is important to generate income. For those who think car is depreciate item, please think again!!! 

I meant sokong MBSB spiritually. 🤣

that is why the old phrase "fake news" became so popular... 

It is kinda funny to think that the majority of those that this "20% EPF by employers" will help, actually will be happy with this initiative.
If the employers can and/or willing to give extra 7%, they would have already done so and would have given it in terms of salary. Then these B40 and M40 people will be much happier. They already kept on making noise about wanting to withdraw from EPF. Can see cannot touch also no point lar.

BTW: 4K salary per month is clearly inside the M40 domain.

indeed.....your spending during retirement period definitely will scale down by alot.....especially for your F & B which normally eat a big chunk of it now....

Still got another 20 years to go.. but should start already to reach 1M club quicker haha

Few things cannot touch in stock market, the risk is beyond many can take :

1. Margin trading
2. Contra trading
3. Buying derivatives products such warrant, futures

If you refrain yourself from the above, you can avoid many disaster.

Just bear in mind: Rm1mil in 20 years is worth only Rm450k in present value. at 4% inflation rate.

Lai Lai tikam next year dividend!! I tikam it CANNOT BE LOWER than last year. 😂