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 EPF SELF-CONTRIBUTION

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keah.kyle
post Nov 16 2019, 05:37 PM

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From: Kuala Lumpur / P.J


i am currently working overseas, but for retirement sake every month self contribute RM1000 in EPF. end of the year promo still get extra RM250 for self contribution
keah.kyle
post Nov 17 2019, 03:39 PM

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Junior Member
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Joined: Dec 2007
From: Kuala Lumpur / P.J


QUOTE(Tham @ Nov 16 2019, 09:00 PM)
That is very good for you.

At that rate, you should easily be a millionaire in your 60s.
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I counted if not mistaken, by the time i'm 55. i should have roughly a million. if i increase next year to 1200 per month
keah.kyle
post Nov 17 2019, 03:40 PM

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Junior Member
148 posts

Joined: Dec 2007
From: Kuala Lumpur / P.J


QUOTE(MGM @ Nov 17 2019, 07:15 AM)
Anyone has tried paying EPF for i-Saraan via Maybank2u?
Can let me know the steps, browse thru M2U but couldn't find.
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u must use the web version, not mobile phone.
MUST BE THE CLASSIC M2U site. Not the new one
Go to the invest tab, EPF.

From there u can transfer.
keah.kyle
post Nov 18 2019, 07:44 AM

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Junior Member
148 posts

Joined: Dec 2007
From: Kuala Lumpur / P.J


QUOTE(Tham @ Nov 17 2019, 09:55 PM)
How old are you now ?

Assuming 35 with $ 150,000 in EPF now,  you should
have just over a million by 55 then.

Assuming an average interest rate of 6.19 percent as
I had worked out last time.
https://www.calculator.net/interest-calcula...interestresults
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Currently this year 29 only. So i also use the same calculator. just to hit over 1m
keah.kyle
post Nov 19 2019, 08:40 AM

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Junior Member
148 posts

Joined: Dec 2007
From: Kuala Lumpur / P.J


QUOTE(MGM @ Nov 17 2019, 06:12 PM)
Thanks tried rm30 1st.
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Check after 2-3 days. it should be in。
check with the mobile app
keah.kyle
post Nov 20 2019, 04:28 PM

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Junior Member
148 posts

Joined: Dec 2007
From: Kuala Lumpur / P.J


QUOTE(hwachong @ Nov 20 2019, 10:43 AM)
what promo is this?
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when i was back in malaysia, went to register i akaun and the girl in the counter told me about it
keah.kyle
post Nov 20 2019, 04:29 PM

Getting Started
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Junior Member
148 posts

Joined: Dec 2007
From: Kuala Lumpur / P.J


QUOTE(hwachong @ Nov 20 2019, 10:43 AM)
what promo is this?
*
https://www.thestar.com.my/business/busines...to-isuri-scheme
keah.kyle
post Nov 20 2019, 04:45 PM

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Junior Member
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Joined: Dec 2007
From: Kuala Lumpur / P.J


For those self contributing can check this page.

https://www.kwsp.gov.my/member/contribution/i-saraan
keah.kyle
post Nov 21 2019, 07:47 AM

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From: Kuala Lumpur / P.J


QUOTE(Tham @ Nov 20 2019, 05:10 PM)
Since you are working overseas, how do you
transfer your money to the EPF here ?

Do you use telegraphic transfer, and won't the bank
commission be quite high ?
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My US to Malaysia Transfer is 8USD.

After in malaysia just Maybank 2U

 

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