6% is RM60++ billion in offshore market to sell n convert back to MYR..and then put where..

either medical nanites or home automaton helper that will take care of the elderly...

please... before I become too old. lol

hopefully my EPF dividend is enough to pay for yearly subscription to such services.

Edge back of envelope calculations is 0.2 to 0.5% lower if Kwsp limited to 30% foreign assets

https://theedgemalaysia.com/node/666961

Whatever..

As long didn't sell at loss...

It's good enough 👍

Take up more Sunway shares? Well it's following PMX "suggestions" of 70% in local assets 😜

actually can be managed lah... just cut 1% from those 20k plus ppl... ok already... hehehe

Yah.. That's what i am saying the t10 is willing to let you cut because? They are t10 for a reason. Are you going to tell them you gonna punish them coz of thier capability too good and give thier meat to b40 coz they too useless and incentive them to become useless so they can get meat from t10? Looks that everybody no more incentives to do better liao.. this is what i always telling ppl.. someone doing better means you should reward them for it.. Not punish them. If you tell me they are doing good so we should help those struggling then you are punishing the good and rewarding the bad.

They giving excuses that our healthcare is very highly subsidized... One of the highest in the world they say.... Pay only rm1 or rm5.... Very cheap for everyone.... They also said T20 abusing the healthcare facilities.... Enjoy it at very low cost......

This third party thingy I don't really agree.... Would increase the cost.... Like how pharmniaga monopoly of supplies.... They actually not very efficient.... Just okay only... Nothing impressive at all.... Now see they also in trouble because of wrong decisions made on vaccine procurement...

Being poor means need to be healthy.... Cannot get sick later on.... Need to pay.... Looks like we going towards like African style.... Poor don't really have access to healthcare?????  Now also can see at those small private clinic.... Minimum rm50... Can go till 100+++ if your sickness is more....

Funny thing is our country's T20 is freaking poor. Imagine after removing all the subsidies from petrol, electricity, healthcare, etc. The total expense will be the same as b40. Why not all the T20 don't work and enjoy the benefits as b40?

You mean disposable income doesn't include dividend from epf, ASMx & Sdn Bhd? Only based on LHDN income submission?

wealth is relative

Shouldn't punish t20 for earning more. It is bcoz b40 and m40 cant earn extra due to certain reasons... Lolz..

https://www.nst.com.my/business/2023/07/927...stment-strategy

My interpretation of what he is trying to say is well articulated here.

They want ppl to withdraw regularly instead of lumpsum.

Not sure why there is so mich fear mongering on epf. If scared take it out immediately

Assuming 240K rm at start of 56 years old, EPF div rate stable at 5% pa, achieve 0 balance by age 76 (ie 20 years drawdown),
can spend 1.6K pm.

worth it?

Wondering what is "basic income drawdown"?

That's vote including me 😁

I hope EPF & PMX see how unpopular this thing is....

You don't need to worry much about this...

really doubt EPF will implement the worst version I can think off (hopefully not due to lack of imagination). Which is the one that regardless of amount, everything is converted into annuity where only 1K rm is allowed to be withdrawn.... defies logic... imagine having say 2 million in Epf but can only withdraw 1K per month   

Plus, who are the top 248 members and those with above 5 million in EPF? these are ex or current CEOs and C suites people with connections... sure these guys will make noise too.