politicians force them to sell because of the many 10k premature withdrawals the politicians gave... there is no cash crunch because already done deal... unless get forced again...

81pct EPF members cannot live above poverty level after retiring

Only 19 percent of EPF contributors have reached the basic savings level based on their age to enable them to have RM240,000 in savings by the age of 55

Around 156,000 contributors out of 275,000 members (56 percent) who are 54 years old now - have savings of RM50,000 or less.

"This sum of RM50,000 can only provide a retirement income of around RM208 per month for a period of 20 years,"

Until 31 Dec 2022, more than 51 percent of the 13.1 million members under the age of 55 have savings of RM10,000 and below in their EPF accounts.

Of this total, 1.7 million or 26 percent are members aged 40 years and above, that is the group that will reach the full withdrawal age of EPF savings in 15 years or less

https://www.malaysiakini.com/news/661839

"This sum of RM50,000 can only provide a retirement income of around RM208 per month for a period of 20 years,"
is this a mistake. inflation 0% ?

I don't talk much about ASB. It's a system other races have no access to.

But yes. Reports should report both ASB and epf. Not just showing stats on epf. So misleading.

Thank you for the valuable info.

I went to epf yesterday and did the tac registration. After that the epf officer advised me to do manual withdrawal to save an additional trip. My purpose was mainly to kick start the online withdrawal for future convenience.

Overall, the process is very smooth with a lot of helpful epf officers. Really happy with their service.

Good. Filter out as many sohai as possible. Never read, terus apply. Ada tangan ada kaki also wanna withdraw EPF.

Let ppl withdraw EPF and let them do what they want 🤦‍♀️

Those who withdraw this round will regret come April next year

Dey, you multimillionaire apply what ?

Sorry bro. You England not powderful. One person with many millions is a multimillionaire. Multimillionaires refer when a bunch of them multimillionaire lepak at Kopitiam.

You can go check and thank me later.  The only way you can be a multimillionaireS is when you know Naruto's Shadow clone Jutsu.

come i twist it more for you...

I thought season 3 now? Still not complete yet on Netflix

U need to calculate the interest with the dividends you receive. N the dividends are compounding while the interest is reducing balance.

I think its ok to put back to kwsp, but I personally go for more rewarding things.

You want to be a deca-millionaire is it?
multi usually implies more than 1 and is understood within the finance circle to just mean that.

Centi-millionaire is the other level you can aim.

yea missed out the opportunity cost of getting interest from installment...thats why the calculation are skewed..
unker no need fret...conclusion is not really worth it LOL.

I already said I borrow wont dump back into kwsp.