RIP ? cant see posts from her again with nexona88?
no la, it is yours the same as long as you are around and
no one else has spent it off illegally.
that concept comes from the saying money not spent is not yours.....

To say that is to tell people go spend money  lah..
sudah cukup no need save money in FD EPF etc...

Often heard when someone wanna sell something to another.-
come buy this... go spend there....

Instead of  Money not spent  is not yours i rather caution people
money spent is really money not yours anymore!

You have RM1 million in EPF. That  1 million belongs to the gomen? not yours?
It is yours  you decide how you wanna spend. 
Sudah mati tak payah cakap lah,
even your Gold Bullion also no longer yours

It is not  how much you must spend
but how  little you need to..
to be happy

Search for an online longevity calculator.

But these are average numbers, so you might want to bump it up in case you turn out better than average.

However, these calculators usually are American data, and US has a higher average life expectancy than Malaysia by about 5 years. So arguably can bump down also.

Ultimately, these are just guides and averages.

Tldr for me I use 90 years for my planning purposes.

the medicines few hundreds a month,
a 24 hour companion few thousands a month
nursery home few thousands a month etc..

think positive
be thankful you have children to hand over your legacies.

I don’t understand. If one contributes average a thousand a month assuming no increment and bonus for 30 years, won’t that hit 1m?

yes it is... it is kinda nice... I didn't visit the rooms only, but it is connected to the hospital directly and can walk over to the malls...

Nonetheless, 10K rm pm is kinda steep if one is still very healthy and "young" enough.

240k is current value for year 2023... for 2024, need to add say 4% inflation...

ppl always forget...

When the dividend date?
End of February

Not important for you.
But for me, it's when I make decisions to self contribute more or not.
Please don't until March.
I want to self contribute by end of February.
To get March - December dividend 🙏

It's  won't be lower than last year right?
That good positive news.

I'm okay with locking those money. Only issues is the amount. The rate is more, then I contribute more. If less, then I contribute less.

Also worry about account 3. Or whatever they called them. How my self contribute money would be split.

want to ask i had worked this previous company for three months and it mentioned given or already deduct epf but only saw in my account for dec “caruman” only

lets say i start work from nov till jan but my epf account only shown dec is there something wrong or this company being suspicious for not paying my epf?

Its also my policy . Pantang hutang. Its what i teach my children also. There are no good debts regardless of what the gurus say.
Invest only with money you can afford to lose, not go into debt to invest.

This month those with reserve money are going in max contribution. After epf declare their dividend then will be another chorus for tier dividend.

Not even cc debts?

The EPF in an environment of interest rate hikes

ON the optimistic side, EPF’s expected dividend declaration for financial year (FY) 2023 could range between 5.7% to 6.7% – higher than the 5.35% in 2022. Narrowing the range, a ballpark figure could be 5.95% or 6.15% (based on historical trend estimates)

Furthermore, under the Madani/unity government, no more special or “one-off” EPF withdrawals are permitted – which should allow for the conservation of the assets allocated for investment. By extension, this allows for a higher dividend and payout (ringgit as investment for ringgit as return).

EPF’s financial performance for the first three quarters of FY 2023 is expected to have been sustained in the fourth quarter (Q4), especially on the back of the equity market as listed companies continue with the momentum of recovery amidst the challenging external backdrop of geo-political and geo-economic dynamics such as the on-going conflict in Ukraine with lagged supply-chain implications and the interest rate hikes in the US.

https://www.astroawani.com/berita-malaysia/...te-hikes-455012?

EPF for new govt servants may have negative impact, says economist

An economist believes that the abolition of the pension scheme for new civil servants will impact government spending and the country’s socioeconomic landscape.

Barjoyai Bardai from Tun Abdul Razak University said the savings from the move may take decades to realise as the government will need to bear the 13% contribution to the Employees Provident Fund (EPF).

He also said the shift from the pension scheme to EPF contributions may result in the country experiencing a decline in the number of civil servants in various sectors.

“For example, those in the education or medical sector, or engineers. They won’t be interested in working for the government anymore because they won’t have a pension,” he said.

Universiti Keusahawanan Koperasi Malaysia’s Abu Sofian Yaacob suggested that the government raise salaries and EPF contributions to ensure the financial security of civil servants who will no longer receive pensions.

“The government’s contribution to the EPF should be increased to 20% to help replace the pension these new civil servants will have lost,” he said.

https://www.freemalaysiatoday.com/category/...says-economist/

Lets give the guy some time to perform. These roles are not for long term, they can be replaced anytime. The incumbent was from a different industry and still he did okay.

We expecting dividen some time in March?

If delay..
Then it's March 👌

New boss more efficient and maybe mid Feb Kasi declare

i hope he not so blurrrr to get the decimals wrong. 

Only 5k?

Can buy foldable phone. Or a laptop. Or go on a holiday.

what if the div is 4.15%? heart attack chance higher?