If this is your plan. There maybe an easier formula, which incidentally pretty much what I plan to do (should work well if networth is adequate).
my version.
at 60 to 70, drawdown rate set to 5% of clean networth.
at 70 to 80, drawdown rate change to 6%
80 onwards, drawdown rate change 7% fixed amt based on age 80 networth and every year drawdown that ringgit number amount.

between now (36) to 45, is a good 9 years... that is 25% of your life... or essentially 50% of your adult working life. So who knows, you may end up with way more than 6 million by 45.
throw a fun scenario to you... what if instead of 6 million networth (I just push it to networth instead of just amt in EPF), at 45 you end up with 10 million...

or 15 million...
..

still work?

i am of the opinion that EPF should raise the limit of contribution to 100 years old... why artifically set the max age for contribution to 75. Silly right when based on EPF's own argument, people are living longer etc and worried not enough to last till death rite?

Allow the members the choice... although at 75, one most probably should be spending one's money rather than hoarding more.

Don't have to be have another source of income.

Back when I was still working, I threw 50 to 60% of my gross salary as I was diverting my "cash" position from FD in banks to EPF. only did it after I hit the liquidity event of EPF 1 million barrier.

no one asked me anything... HR didn't say anything also...

??? got FD paying more than the range of 5.5 to 6.5% usually given by EPF? at worse should also be above 4.5% by EPF right?

usually with economic and market uncertainty, people put more money in cos alternatives seem less enticing...

but I think if one doesn't have much exposure to the stock market, one should buy more... bit by bit.

fully concur with your assessment...

but in relation to your earlier question, you are basically asking what to do with your funds.
There is only these few options:
a) put into EPF
b) keep as cash or liquid cash
c) spend them
d) put into investments like equity etc
e) short the market

as you see, none of these protect you from unemployment or inflation.
a,b are mainly cashflow management...
c is spending... some may argue if you know inflation is going up, you should spend now
d is extra exposure to economy and market uncertainty... do u want to do that?

e... i leave it to you to analyse as I dare not comment.

it doesn't matter when you deposit for the month of April (provided it is cleared and appear in the balance of 30th April in EPF), at most you can get for the month of April is 1 day's worth of interest.

don't lose hope so fast.... there is still some hope.... who knows... this week's meeting between USA and China may give us a super positive surprise? and then everything rally and all is well for second half?

as long as it is not only hope that is left....

(or maybe ringgit may weekend and then all foreign investment gets translation gain at year end... )

definitely got some insider trading going on with him and his family and goons/cronies... he was kind enough to even share with the world and tell others to buy.... if one dares to follow him (while praying he doesn't take everyone to Holland... hahaha)

Anything special this month? To warrant special contribution?

ah ok... i thought/was hoping that it is Madani giving extra candy I didn't know about like if put in 10K rm, Madani gov will match 20K rm... type... haha...

ai yah... no extra? haha... already did mine and my family members on Jan/Feb already...

have to wait till next year Jan to start again for another 500

if I am not mistaken, but it was so long ago and I was too young to be cognizant of this...

i vaguely remember a super old colleague nearing 55 mentioned something like if one is unemployed (ie no fixed salary/deduction into epf via employer), one can contribute unlimited into EPF.
so the impression I have is if one is working, this no-limit doesn't exists.

not much of a free lunch really...

nothing wrong with 50% in EPF if one is cognizant of one's financial situation/plan. EPF itself is a very diversified superfund with exposure into local equities, local bonds, some real estate and decent foreign equity exposures... plus the "free" 2.5% min guarantee by GOM. and creditor proof. And ease of estate planning in some sense.

So, if you are bz with your life or finds investing boring, throwing your funds in EPF is a great choice.

at my peak %, i think maybe 40% of my worth was in EPF... i just kept on throwing money into EPF via salary deduction... to the tune of 60%.
but thanks to Madani's perf, i decided to take out a big chunck back in 2023/24 and manage it myself now that I am no longer contrainted by my job... so now it is in low teens already the %.
Happy I did it.

And this is how the story of some young 21 years old can have 1 million in epf. 100K each year from 14 years old.

Parents should take advantage of the free 500rm from gov.

Still have compounding div effect. So around 7 to 8 years will reach 1 million.

If the threshold to withdraw didn't change, the kid can have the freedom of taking out the div after he reach 21.

Edit: unfortunately. It is a moving target with uncertainty.

This post has been edited by Wedchar2912: Jul 17 2025, 04:59 PM

Yeah. I can think of insurance firms and banks.
Just the right age and phrase to sell insurance (ILP) and UT or SP.

Even gov is facilitating it.

Did she elaborate further with reasons why she doesn't agree with you?

the good thing is... you have 5 years to change her mind or you change your mind...

may as well deploy the strategies by both the parents (wifey and you) in parallel... that itself is diversification and improves the chances of positive outcomes.

For the EPF part, just need to be cognizant... EPF did mention that members born after 2010 may not have the same treatment as us older members.


In particular, this phrase: "The proposed mandatory monthly withdrawal option however will only apply to new EPF members born in or after 2010, and registered with the EPF after the implementation date. The first payout under the mandatory option is only expected to be made when these new members retire, some decades in the future. This proposal is still being refined, ... "

https://www.kwsp.gov.my/en/w/no-change-for-...g-epf-members-1

This post has been edited by Wedchar2912: Jul 19 2025, 09:09 PM