how about 40 or 45, would you let go all that easy money

assume lah not so difficult job like 12 hours a day in office
go home also keep receiving calls

The dividend earned on Akaun 55 does not go to Akaun Emas. The dividends are calculated based on the balances in the respective accounts, and Akaun 55 dividends remain in Akaun 55.  Only new contributions after age 55 go into Akaun Emas and earn its own dividends.

if accidentally contribute more than RM 100k, self contribution, what will happen?

let say is total contribution for the year is RM 99000 , and I accidentally click to contribute RM 2,000.

Just for the fun of it.

If living in KV and want to hv 5 mil in epf by 60 yrs old.
Assume starting to work at age 23 and has 37 yrs to work to accumulate it.
Assuming epf giving 5.5% dividends annually.

How much min salary to hv pm at age 23 with 6% annual increment?
How many people in KV can hv that kind of work/salary in KV?

What about if want to hv just 2-3 mil in epf by 60 yrs old?

650k is for one person. According to epf, that will allow spending of RM2690 monthly.

Assuming spouse also has the same amount, thats RM5380 combined.

And its net income. I feel thats ok for a basic lifestyle.

5M in EPF at 60 and live till 80 years old you have 20 years to spend 5M, can you finish spending or not? chatgpt say need spend 30k++ per month for next 20 years baru boleh finish spending. at 80 years old left 100k for your burial service.

Age	Year	End Balance (RM)
---	----	----------------
61	1	4,859,471
62	2	4,711,213
63	3	4,554,802
64	4	4,389,787
65	5	4,215,696
66	6	4,032,041
67	7	3,838,317
68	8	3,634,001
69	9	3,418,553
70	10	3,191,414
71	11	2,951,999
72	12	2,699,702
73	13	2,433,896
74	14	2,153,931
75	15	1,859,134
76	16	1,548,805
77	17	1,222,215
78	18	878,608
79	19	517,200
80	20	100,000

Spend 1%, keep 5% in epf, last forever, hehehe.

This arragmenet is fairer

Should allow monthly witfdrawer for 1 million and age 55 monthly withdrawer but not one time, after 65 can one time.

Just need some confirmation.....

EPF only pays dividends till RM 1mil??? Above that don't pay???

Saw one letter posted to Malaysiakini... Saying it's only covered till 1mil...

Link:
https://m.malaysiakini.com/letters/759810

55 yo should be able to withdraw all. Well, i think even 50 yo should be allowed to withdraw all money.

When we reach 50 years old and still dumb to get cheated or don't know how to control the expenses, nothing gov or anyone can do. Even gov set it only 70 yo is allowed to withdraw all, these people will still get cheated or finish their money fast and lose all their money at or after 70. Don't sacrifice the majority's benefits for a small potion of people.
Due to some reasons, this "tax the richer higher tax to give to the poorer", i always think it is related to communism system, like a communism system in disguise.

In my opinion, the locked up portion (or pension or whatever you call it) should be made optional to those who need and want it this way.

There should be no coercion in this sort of things. Not every EPF member needs or wants to be babysat.