EPF in talks to divest 1–2 properties in UK
http://www.theedgemarkets.com/my/article/e...uk?type=Markets

Four choices for EPF member

URL: http://www.thestar.com.my/News/Nation/2015...r-views-online/

Most contributors not interested in other withdrawal options

URL: http://www.thestar.com.my/News/Nation/2015...osals-EPF-told/

as if the result would change EPF management "mind set" to make 60yo as full withdrawal..

juz as plan 

The poll has a few options. If not mistaken one of the option is to make the age 55 or 60 optional, ie people can decide for themselves, which age to withdraw.

But all the options were rejected flat.

For me, that's the clear indication that lack of confidence is the main reason.

i cleared my Ac 2 three years ago st 50 years old. Plunked it into Singapore REITs giving more than 8 % yields.

Didn't regret

Something like that.

One REIT gave 11% when i bought! 

NONE thus far as the revaluation of props were able to mitigate this.
OTH i have been accumulating shares in lieu of divs. That helped the returns!

BNM has proposed to pull out its sole representatives from the investment panels of EPF and Socso, Deputy Finance Minister Datuk Chua Tee Yong tells Parliament today

The Employees Provident Fund (Amendment) Bill 2015 has affirmed that the age for withdrawal by members of the Employees Provident Fund stays at 55 years, while new contributions made after 55 years old can only be withdrawn when the member attains the age of 60.

Deputy Finance Minister Datuk Johari Abdul Ghani tabled the EPF (Amendment) bill for first reading in Parliament today.

Further, the bill also amends Section 26 of the EPF Act, to expand the scope of investment of the fund, which enables the board to invest moneys belonging to the Fund by depositing the moneys in a bank or an investment bank or Islamic Bank, or a development financial institution.

It also enables the board to invest moneys belonging to the Fund in shares offered pursuant to an initial public offering (IPO) or shared listed on a stock exchange.

http://www.theedgemarkets.com/my/article/e...?type=Corporate

5.50% for its conventional savings, total payout of RM50.33 billion
5.40% for its shariah savings, total payout of RM7.48 billion. This brings the overall amount to RM57.81 billion for the financial year of 2023.

EPF total investment income for year ended 31 December 2023 came up to RM66.99 billion, net of listed equity write-downs for the year.
That said, the EPF shared that RM5.72 billion was generated from mark-to-market (MTM) gains of securities that have not been realised, and will not be included as part of the dividend distribution.

Investment assets have grown to RM1,135.82 billion – up 13% as compared to the RM1,002.67 billion recorded in the previous year.

Therefore total income 66.99b - dividend 57.81b - unrealised profit 5.72b = 3.46b retained for future years.
Average AUM = 50.33/5.5% + 7.48/5.4% =1,053.61b.

y

By Izzul Ikram | theedgemalaysia.com | 2024-03-03 13:37:10
SHAH ALAM (March 3): The performance in the Employees Provident Fund’s (EPF) shariah portfolio was driven by the rally of US technology equities, according to EPF chief executive officer (CEO) Ahmad Dzulqarnain Onn.

https://theedgemalaysia.com/node/703206

Good point bro. Last year MSCI World Index returns 20% p.a., plus USD.MYR depreciation of around 4-5% last year should yield almost 25% p.a. in MYR terms.

8% is more like a balanced portfolio's USD return...

need min rm30k pm after retirement in 25  yrs

I put 3% and assuming I retired at 55 years old...I am 35 years old this year so 20 years more to go. Assuming after I retired, I need to have money until age 80...so the retirement money need to last 25 years.

Not sure how much stuff will cost that time...I wonder if 7k monthly is enough or not also assuming no debts

If it is "easily"...
Then why are so many doing  that max self contribution?

Check the FD thread....
They hv their reasons or not yet know it

So they just continue with the "easily" 5% in kwsp with possible 0.X% extras