Huh??

B40 can get dividend up to 40k in EPF yearly??

Boss your classification really off target...

T20 one should be okay...

M40 one also little off...

B40 I think should be lower like 3k to 10k max (depending on age & what balance they got)

Where you pluck this definition bro. RM125k already T20??? Need to see so many factors. If Age 25 and RM125k balance then is T20. If age 40 and balance RM125K is B40.

funny or not this table from EPF?

all it means is that the data on B40 is wrong. no way B40, if all of them are working, to have such low 800rm median savings. (unless epf want to claim that 20% of the epf members are first time employee with lesser than 6 months working experience)

care to share the link to this info please

I use a more detailed table found in the epf annual report. But i just eyeball the numbers and make a quick calculation. I could have missed a row or two.

Huh?
Balance of below 1k

How that's even possible???? 🧐😒

One cannot have zero balance? Unless those reach retirement age or just open new account...

Those multiple times withdrawal given previously also.... Cannot empty your EPF account too....

regardless 5.5 or 6.5%, anybody here gonna stop topping up 100k into epf?

Agree with some of you. Just a suggestion what Singapore is doing. Recently, they closed the "special account" to avoid so called shielding effect because you can't just enjoy both high interest and liquidity at the same time.

Above 6%
Asali - 7%
virtualgay - 6.88% | 6.44%
yungkit14 - 6.50%
TheEvilMan1909 - 6.45%
leo_kiatez - 6.43%
contestchris - 6.40%
guanteik - 6.35%
ikanbilis - 6.30%
oks911 - 6.25%
mroys - 6.25%
tomtom - 6.25%
fuzzy - 6.20%
N9484640 - 6.20%
CommodoreAmiga - 6.15%
tehoice - 6.15% (+- 0.05%)
kiwifruit - 6.1%
Kens88` - 6.1%
sj - 6.05
Netcrawler - 6.05
KIP21 - 6.05%
nexona88 - 6% +/-
tifosi - 6%
Pseudomonas - 6% (upper limit 6.5%)
Cubalagi - 6%
Jenn77 - 6%
kechung - 6%
cckkpr -6.15%
Deathscythe@@ - 6.1 |5.9 %

Below 6%
gashout 5.95%
Gamenoob 5.92%
Sitting Duck 5.9%
dudester - 5.9%
poweredbydiscuz - 5.85%
handsome ankle - 5.85%
jimbet1337 - 5.85%
prophetjul 5.838%
Rinth - 5.8%
CPURanger - 5.8%
polarzbearz - 5.75%
ronnie - 5.5%
Vinchee1219 -5.9%
Lembu Goreng - 5.85%
Vtyw - 5.9%
romuluz777 - 5.55 sad.gif
cwtien - 5.45%
Pmx - 4.9%
dr_Stein - 5.35 shariah / 5.85 conventional

Conventional should be at least 5.80% by looking at Q3 earning..

if have more than 1 million, can withdraw right?

I wish i did record.
then last week i went to the bank, while waiting I saw her hard sell this same shit to another customer.
"Guarantee return one" etc. .......
In my mind, this lady "scam people" again.

that's not bad.

do correct me if am wrong sifus, people did mentioned here before (with proven calculations) that even if your salary is roughly around RM4k to 5k per month, we are able to easily hit RM1 million savings in EPF around 60 years of age. tqqq

I hope so.

there is a calculator function in KWSP website, where you can calculate projected savings assuming your salary and increment percentage + bonus.
go try it out.

Consider time value of money.

23->60 is 37 yrs.

In 2061, 1 mil at gomen 2.5% inflation, that is 333,000 today's money.

At 6% inflation which I think is more real, it is 116,000.

So, how long will rm116,000 last u if u only hv that money today?

I know my old ex-colleagues (as in they are real retirees now) did say that when they started working in the 1980s, their starting pay was like 1200 or 1300 ringgit in the financial sector. There are variations, but 1K rm is definitely on the low side in 1980s.
The thing is... does the assumption of 3% salary increment for whole 40 years of working life make any sense?
Incidentally, I also found this old post.

https://forum.lowyat.net/topic/2226853/all

I think should be the size of EPF... Compared with others retirement funds stated 🧐

Cannot blame also... In term of MYR, with USD rate so strong... Our EPF purchase power is smaller...

CSR one thing...  Then you got unprofitable ventures & holdings... Your favorite one... MRCB? Until now, no one have clear & solid answers to your question 😄

Then he is dumbass when he said

“Malaysia has a very small balance of EPF,” he told TMR, noting that as of 2023, the fund stood at approximately US$50 billion (RM234.5 billion), a figure dwarfed by Singa- pore’s US$360 billion, Sweden’s US$101 billion and Luxembourg’s staggering US$6 trillion.

when i saw $6 trillion is was like wtf is that lol

What actual changes do you want?