Unker cannot agree. Parents have right to their own hard earned cash.

Children must be filial piety. No control their money nor lokap.

You cannot be Thanos. Human nature is such, next step, you'll end up justifying buying yourself a GLC300 using their money.

If parents bad in financial management, you oso kena teruk oledi. If the alt hypothesis is true. They proven they are ok.

Anak pi jaga $$$ sendiri.

Such an attitude. OMG. If i were your parents, young young i throw you in the rubbish dump.

Bro, Shhhh.....we out of topic.

Bro Char,
Silver Bullion Malaysia.
Got 3 branches Penang, KL, Johor.

I mapped against few such companies in MY. Credible.

But if happen to be in Sgp, buy in Sgp, ...Bullionstar, save few hundred $RM.

Ampun all, I try to share where possible, as Unker benefit lots from Kwsp Forum Seniors n Sifus. Also identified possible like minded kakis....

In FD and CC threads only. So I can start doing here if he want. Or i request to move this to kopitiam. This thread contains many valuabe info, but also too many OT.

OK... I change my mind... let's give <10k accounts div+5%

-ve impact to >10k accounts should still be quite low... maybe < rm10... wild guessing didn't do the maths...

i think this is acceptable... maybe no need to fight it...

Chief strategy officer of the Employees Provident Fund (EPF), Nurhisham Hussein has said that individuals who are retiring in 20 to 30 years will need to have savings of at least RM900,000 to RM1 million. The amount is the “bare minimum” required, after factoring in variables such as inflation and medical bills – among others.

Meanwhile, Malaysians who are retiring in the next few years and staying in Kuala Lumpur will need about RM600,000 to have a “dignified” retirement. “When you look at the RM600,000 savings threshold, only about 4% of Malaysians could afford to retire. It’s a little lower outside of the Klang Valley,” Nurhisham further shared, adding that the amount will only cover ordinary outpatient medical needs or visits to general practitioners.

Nurhisham also stated that Alor Setar was found to be the most affordable place in country to lead a comfortable life upon retirement, but even that requires the retiree to have savings of at least RM480,000. This figure is twice the basic threshold for retirement savings of RM240,000.

Even EPF fella don't believe in the 240k threshold set by EPF.

A simple example of your ethical medical centres.

Once my auntie was charged for Panadol Rm12 per piece. The pharmacies were selling at 30 cents at the time.
My journalist cousin threaten to expose them. They reduced the price to Rm1. 

And all your explanation has not answered my question:

Payment by insurance invokes a higher charge from medical centres compared to cash payment for the same treatment. WHY?

I know it's a business being run there.
However, that amount of premium is too much.
That's just 1 instance.
The other is of course the payment difference of Rm30k vs 10k by insurance vs cash respectively.
It's business. But it's also scam territory.

Question: Why am I seeing posts from someone I put on ignore?
And Why's he/she able to see my posts?

Anwar: I Can Be Popular By Allowing EPF Withdrawal, But Can A Responsible Person Do That?

Allowing any more Employees Provident Fund (EPF) withdrawals would negatively impact the investments and, in turn, affect the dividends paid to the contributors.

The government will find other ways to ease the burden on the people while ensuring that the investment funds are not affected.

https://says.com/my/news/anwar-i-can-be-pop...-person-do-that

15 a day = 450 a month. Bs lo. 150 a day more believable.

If you read the article clearly, it says kwsp gives 4-5% dividend and the interest in loan 8% or higher. So it still cost you money if you loan. It looks like personal loan rate. So it's not a good deal to loan. Which is correct. The issue then being what happens if default happen collateral means banks can take. Can they take kwsp money? If can't then it's free money? 😂 Still not a good idea.

It's around 4 to 5%

https://www.freemalaysiatoday.com/category/...-clarifies-mof/

Dig one bigger hole fill up the smaller hole. Delay tactic. At least solve issue now delay one year get bigger issue then solve that issue delay another year for a bigger hole then change pm time not my problem. Gov best tactic. I see until don't wanna see already. 😂

FlashNews 🎉👍

https://malaysiagazette.com/2023/03/29/pinj...4-5-setahun-pm/

# 4 million members qualify

# 4%to 5% interest rate per year @ Islamic term

# 3k to 50k maximum

Those ppl are really a small portion of EPF AUM.

This one probably is to appease the people like this minaci n makcik

Probably that's the future plans..

Since many not ready for retirement in Malaysia 😁

yes. it's not easy but not fully impossible right?

would take longer time... probably another 5 years to 10years time???  when we become ageing nation   

BNM governor already hinting that... 60yo thingy... says extra 5 years is beneficial in longer term....

Average life experancy in 1st century was 35 years old. So can YOLO.

...
You really dead set on UBI hor... 😂 It won't happen...