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 EPF SELF-CONTRIBUTION

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gooroojee
post Mar 4 2022, 11:24 PM

LowYee
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One million in EPF is a good point to retire whatever age you're at. The 50-60k++ dividend is enough for you to live off at about RM5k or so of nett, tax free, spending money a month... especially if you have no commitments.
If you hit that at age 55, good. If you hit at age 45, great.

It's not a luxurious living but can retire and do what you really love and really get to live your life, your way. Not bad right?
gooroojee
post Mar 7 2022, 12:54 PM

LowYee
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Joined: Feb 2012
QUOTE(Human Nature @ Mar 7 2022, 11:12 AM)
Any of you made a self contribution on the 1st week of March? It is reflected at your EPF account yet?
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I put in on Saturday night. Not yet reflected. But historically earlier people reported it takes 1 day. Maybe the dividend payout period caused some delays.
gooroojee
post Jan 3 2023, 03:10 PM

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QUOTE(MoneySolve @ Jan 3 2023, 03:09 PM)
Quite easy to withdraw.... just fill forms, queue, submit, and 3 days later the money will be in your bank account

Btw, anyone knows what's the yearly self contribution limit ?
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60k

 

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