every 2-3 months my logon to i-Akaun (KWSP website and app) is required to reset.
Once reset the forgot password method, with a new password, then all is fine until the next reset.

Every time have to generate a new password.

When recession hits then you will see how much bullets they have 🤦‍♀️ plus govt will have to start spending and intro stimulus which will lower EPF dividends

such is life... why should property flippers and those who overstretched their loan payment ability be spared?

should pity the citizens who are holding ringgit and getting squeezed by imported inflation.

Imagine if OPR is up to 6% and USDMYR is at 3.0000 (wishful thinking, I know)... but at least imported goods be like 30% cheaper. or keep cash in FD also can earn 6.x% pa. yum yum.

low interest rate environment, while may be beneficial to the economy in the short term, in the long run distorts efficient capital allocation, create inefficient economic activities like cheap loans and property development when there isn't enough demand for such, and allows mushrooming of zoombie like firms.

how does low interest rate environment been doing for us for the past 10s of years?

just a internal check.... 3% OPR rate because CPI is 2%....

so are you happy with FD being in 4% and you think FD rate is really giving you real rate of return for your funds of 2%?

People can't afford properties anymore except the rich unkers here in Lowyat.net. The fairy tale runs has long ended. Low or high, no difference.

Best is to contribute 100k when you reach age 54. After 55 can take out whenever you need it.

Haha. This minister also funny.

How to have more B40? By definition, it is the bottom 40% families. Unless he meant these families really likes to breed because they know gov will save them???

Go and study math or stats first. Cheers.

edit: I sounded too harsh in my reply.

ok lar... you are the smart one... I look forward to the news that B40 now consist of 41% to 80% (pick a number you like) of all families in Malaysia.... 

Please unfriend your friend. You need to join the smart people to move up in life.
Too many idiots with nothing to do. Imagined if i have listened to those idiots unker aunties in kopitiam 30 years ago saying EPF will collapse. Rules of EPF already very clear. Withdrawal of Account 2 at 50, Account 1 & 2 at 55, Account Emas at 60. Never read the FAQ and simply spread false rumours. These sort of people should be arrested. Besides, i bet the majority here will not even withdraw their EPF at 55. Just earn dividend and you can live off it perpectually. I am aiming to let it roll until i am 60 then only start to use the dividend.

I have to agree with you on this.

When I was beginning in my career, I listened to so many sales persons from an investment bank to withdraw EPF to invest into their funds. Reasoned due to EPF going collapse, year dividend is lower than their funds return. This instilled some fear in me about EPF. Due to inexperienced, I was dumb enough to reinvest after reinvest and did that for 15 years until I realized how poorly their funds return is on average!

I'd say stick to EPF regardless how much you have in EPF. - DO NOT touch it Anything extra out of pocket, invest in whatever instruments you're comfortable with.

I think it’s for young people. UT more flexible. Epf cannot take out until old like me. Unless of course >1m

that's bad law actually hahahaha.... we lose 1 day dividend hahahha

Bruh not 1 day lah..
employer deduct  your  EPF 27.2.23 for Feb salary
bank into EPF 10.3.23
EPF pay u 1 day dividen only for Mac 2023, you lost 32days dividend.

yeah, I know.... was just joining the fun about digitalization... cos some of us here are either too young, or too old (ie forgetful already)...

i still remember I was one of the earliest in my ex-firm to have online access in late 2000 I think (if memory serves me) to kwsp website... cos many didn't realize kwsp allowed account to be viewed online.
Heck, even now, many didn't realize can withdraw EPF (those who qualify) via online.

tech has improved a lot, but it took time nonetheless.

PM is scam from beginning...

only their agents is making $$$$

1.45% over the last 8 years.... lolz....

dump in FD also get more average 

if u just spend your dividend do think you would be able to finish spending your EPF money till the day you die just assume u die by 75?

Your Colleagues is not wrong.
There is a saying: "Money not just about math, its about behavior".
With their mindset and behavior, chances are, they might achieve Financial freedom earlier than most people.

That being said, you are not wrong either.
But they do what's works for them, you do what works for you.

You are still talking about math.
In a perfect world, when you loan from bank with lower interest, and leave the rest of the pile of money in EPF with higher interest. 10 years down the road, You gain more. (you are right, and that's math).

But, here, it's not a perfect world. Life Happens, Humans wants and needs changes all the time.

If a person did it by math, get more loans and leave the money in EPF.

He might withdraw it for fancier renovation.
Mid life crisis happened and he might withdraw it to buy a sport car.
He might splurge for a 2nd house.
Maybe 5 years down the road, Government increase BLR cause economy is really bad, and the BLR exceeded EPF interest.
or Maybe EPF interest plummet due to some political reasons and only gives min (2.5%).

There are too many unforeseen circumstances that would change the end result.

My idol

My epf dividend can only pay an axia for now 😅