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 EPF SELF-CONTRIBUTION

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mini orchard
post Mar 4 2022, 07:28 AM

10k Club
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14,511 posts

Joined: Sep 2017
QUOTE(BrookLes @ Mar 2 2022, 05:31 PM)
It's "good" to have 6+ percent in dividends.

Problem is, how much you can actually take out when the time comes.
*
You can take out everything.

EPF will always have money because the young is 'paying' for the retired. Unless the young stop contributing, then yes, we have a problem.

Same with banks. If all depositors dont withdraw, they wont have problems.
mini orchard
post Mar 5 2022, 12:56 PM

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For majority of msians, can reach 500k consider good jor and a fully paid house.

This post has been edited by mini orchard: Mar 5 2022, 12:57 PM

 

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