Wait... the proposed mandatory withdrawal plan.. does that mean we cannot choose to withdraw all if we want to? Then i got a problem with that.. it is my money.. i won't even know how long i can live... i hope they give us a choice... mandatory withdrawal unless we take out more lump sum...

Good illustration.
Many do not understand the power of yearly compounding.  The longer the better.

if good policy, why not. and cpf is not locking all your saving, just the minimum right. balance is key for every policy

i agree with you the quantum matters.

you worry only if your quantum is not big enough
must go find overseas investment
must go find 8-10% ROI
cannot  rely on lowly EPF ,FD , ASM
inflation will eat away your retirement....etc

simple maths here.

People with RM1million need 10% return on investment stocks world market etc..
Good year no problem  RM8,333 a month or more passive income
Bad year how?

Those with RM10million put in lowly FD 3% also cukup  already.
RM25,000 passive income a month!
no good year no bad year , fixed
what you see is what you get.

Imagine you have RM40million...
RM100,000 passive income a month is easy
takkan  worry inflation etc...
by that time  probably worry more about sickness
takut mati
but maths here is not meant to scare people
only meant to say people are all different
what suits him may not suit you

we live our own lives
we are not living for others to view
just be happy with ourselves.....cukur...

waiting for someone to say that 10 million ringgit is not enough to retire.... waiting.....

Not to disappoint you...

Wrong place to ask...

Because many here have more than 10k in EPF...

Try asking at Cari or others Malay based socmed pages??? (Not to be racist but it's facts many have less 10k & still asking for withdrawals) 🙏

This tier dividend thingy seriously I disagree....

Why punish those keep more $$$ in EPF by giving lower rate.... Actually need to give bonus.... More you kept... More bonus 😁 since EPF keep saying Malaysian savings is not enough for retirement....

China also full of bas news.. do our epf invest with China?

gov say might increase our retirement age to 65 as mandatory age this is crazy....

Hahahah.... If you are only 30.years old and got 2 million in epf.how? Still retire.then rot.at home

True...
From the information I saw... Average is 70+
So 80 is nice number target.... unless your family gene is very powerful.... All previous gen members over 100++ then probably u also could be over 90...

I have 50% in cash. ALL in EPF. 

However, my investment portfolio is 25% cash 75% stocks.

Cukai tanah tak ada kat tempat i.. but that might change though. Water bill i already included and no we don't use indah water. Lol. The only thing i missed was fire insurance for the house but that will disappear once i pay off loan before retirement. And i missed 1 to 3 of your list. Driving license rm30 per year and pay 10 years free 1 year.. road tax and insurance total around 400... Fire insurance for house 400 and getting less each year.. that's all..
Supplements and medicines less than 500 settled coz i direct cost price type.. life circumstances.. 😂 medical should be low and probably use gov hospital.. dental sounds be gov also.. but i rarely see them anyway.. adult diapers cost price so negligible.. that's why i put 1k for misc usage. Plentiful in my opinion.

1 million stashed away doesn’t matter where 🤦‍♀️ but if you can stashed away 1million in EPF at a low 4 to 5% over 20 years it is sustainable for comfortable retirement provided you don’t go indulge into luxuries

If have 6mil, assuming 5% yearly returns, 3% reinvested, 2% for expenses@rm10k/month(120k/yr), can last many many years.