plox go to r/malaysiaPF....

say EPF bad, and get downvoted to oblivion 

I disagree. RM1 mil is really nothing. It's right to set the bar higher.

Drafult risk should be close to 0. But there is still currency risk and interest rate risk..the second one if u intend to sell before maturity.

Also dont get me wrong, doesnt mean its not a good investment but to be aware of the risks.

Miniscule or not is your own personal view..but the risk is there.

If early last year buy US treasury, now underwater from Fx and price drop, even if count coupon.

Whereas Epf would have given positive 6.30%.

No harm sharing other options to compare to EPF dividend... Then we can continue to decide if wanna top up EPF for the dividend or invest elsewhere 😊

Dude,

You do you, let others do theirs.

You are in EPF dividend thread....

US Treasury or EPF is not be all end all. Its one of the option and no such thing as one perfect fits all solution....

Also this, in the same event

https://www.freemalaysiatoday.com/category/...s-ex-swedish-pm

Amyone else feeling that ‘full withdrawal at 55’ is going to be revised soon?

That is not EPF's job?

Their job is to make sure one has enough money to live out their retirement, thats all.

I don't want them to mess more with it weh.

I support UBI, but confirm I will get called a commie 

The real question should be what is the Government of Malaysia going to do with this issue, and not dump the issue to EPF. EPF is not the right platform to solve this issue, because a large large large (yeah, I repeat this 3 times) portion of society is not covered by EPF.

UBI is one solution. Euthanasia is another (although almost no one wants this).
Universal elderly care system (old folks home + hospitalization/medical treatment) is another.

in fact, all about can be funded one way or another by a combi of self payment (can choose class) + employer (like pencen) + government (subsidies).

But any gov servants/politicians will really sit down and think about it?

Maybe EPF might only allow withdrawal 100% from account 2 & 3.  But main account 1 retirement, only pay in monthly withdrawal basis. 

if it is implemented.
It's kinda win - win...

Why?
Because EPF still got money to rolling & retirees won't fall into unnecessary scammer investment scheme or luxury expenses which finished up all the $$$ faster....

No smoking just drinking 😂🤣

Anyway...

One thing I observed...
Lumpsum is okay effective if one have the financial knowledge & strong heart to stop unnecessary spending...

Generally majority Malaysian sucks on these....
Within 5 years to 7 years... All EPF money finished....

jangan kecoh - policy no change yet why all so worry?
the only changes that is coming is the RIA framework where 1.3M above baru boleh withdraw itu saja

https://www.kwsp.gov.my/en/w/epf-releases-b...quacy-framework

Next Year effective

ahh got it...so it's 100k increment over 3 years...
not immediately next year terus 1.3m
at least that's what I read...

But people only focus on that 1.3mil thingy....

And even speculating higher level later on....

You no longer continue to contribute like you did in the past few months?  A change of heart, it seems, no a bad thing

unker tua
many in here already told  you off
stop your  fear mongering!!
writing on the wall?
you mean that min amount ?
why increase to RM1.3Million?
then later on RM1.5 Million etc?

itu pun tak faham?
inflation mah
life expectancy longer mah
you need more money mah
before you die

how can you simply wanna take out?
prematurely before 55??

ini EPF for retirement lah!!

Not for you to suka suka wanna take out
before you reach your  adult age!
i mean 55 lah

and forget it!
if you tried to use increasing  retirement age
to 60 as another fear mongering