Is our EPF audited by 3rd party? Just wondering whether it's filled up with illiquid assets & over valued assets. I think EPF only have less than 10% asset which is liquid only.
Although equity holdings is current asset, in reality, when the big elephant wanna get out, it's stepping on itself and have to exit at lower prices

One more question - for home monthly withdrawal.

Both my partner and i are owners and loan applicants. Can just 1 party i.e. my partner apply for monthly house withdrawal from account 2? and for me - after he apply, can i apply next or can we both together apply as well? thanks.

That is why I want to get some opinion and keep pushing it or really tarik kuda and stop saja

Guys, I don't understand, can please help explain..
It is worth it to reach 1 million inside EPF savings?
But after reach 1 million ringgit, can withdraw all 1 million or not?

Guys need advice,

How much maximum deduction from monthly salary each month can contribute towards EPF?

If possible, I want to contribute 100% of my salary towards EPF.

Cause I don't need my salary to survive, I have more than enough money to retire already, and I am 33 years old.

Please advice.

Dear sifus, when i read through the comment you guys keep mentioning the 1.3m dividend payout is not enough to survive thing... what about the capital of 1.3m going??? u r not using it in any condition or keeping it for grave yard??? how can u just spend what dividend u have when u retired??? after you have gone the 1.3 contribute to government??? your kids cannot start their own life and accumulate their 1.3 or 13m in future??? sorry ya just thinking out loud...

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.

for those gungho top up EPF. can i know whats the % of your total asset in epf? eg. 100k in epf and 500k net worth, then it's 20%

i ask as many are saying it's not a good place to put your funds. but for me, it's not good when the market is in optimistic situation. and i always prefer some buffer when pessimism arrives (debt high, people struggle, people losing job, etc where market will be affected)

mine only around 25%, i also think EPF is very crucial when market is having a meltdown. we never know when that day will come - debt is at all time high, people are poor.
unker if 5 mil total... if 1 mil in epf, sure only 20%... 

20% i can understand lah ,
not far my case
but how to get to 50 -60% ?
either you aggressively pumped in
or spending off a lot of money

age is just a number as some is so healthy even at 70 yo
look at Aaron Kwok - he is 59 and he is so healthy
i am 52 and i look like shit and my health is not the greatest

yes why should there be any problem at all
it is for your retirement lah....
not your piggy bank you can dip your hand in anytime
at 55 you take what you like

the problem is those at 40 or 45
and they said they are the victims...
when they want EPF as their piggy bank

why then go  put in so much?
must keep some spare lah at home
for expenses mah..

big isue comes from those
who go  put all in.........
including their market or grocery monies in EPF !

why go do that ?
becos EPF pays 6.5% interest mah,
elsewhere where can get so high rate?

but just how much extra can  you get with small RM10k ?
over short  weeks... RM5 extra or so in 1 week...

take home message
dont rely on EPF money when  you are not yet 55
make sure you have enough spares outside

others put in max RM100k  every year
we dont have enough we must not go follow blindly!

Epf stands for employee provident fund not employee retirement fund.
Even in Malay it is Kumpulan wang Simpanan pekerja not kumpulan wang Persaraan pekerja.

Somehow someone’s liberties have been taken away and those who are not affected have decided it is the victims fault.

I suppose this is the effect of our education system where you are drilled into repeating how great your country is, how wonderful hydroelectric dams are (they aren’t, they only generate less than a small fraction of energy), how our roads are the second best in ASEAN (no, we have worse than Indonesia and Thailand and Singapore roads), how our leaders are the best (well even our ideal choice PM is a mess when comes to terrorists) and on and on it goes. At some point even our EPF will be espoused to the heavens. Then they make systems to encourage you to save with them with the expectation of flexible withdrawal (I showed the proof). Sometimes they allow mass withdrawal, and then at other times it is for YOUR DAMN RETIREMENT!!!

If you don’t debate this and don’t think carefully about this but just ayam catch no ball then just continue with blue pill lo.

on point
mostly in this kopitiam thread are top epf 1% category myself included
99% of ppl dont care how can the 1% make a different
if a policy changes impact 50% of the epf holder then sure ppl will make noise and even go down the street to protest
but now the changes is impacting less than 1% of ppl

I am hoping the relevant person will ask. But honestly the question maybe : what is the next best thing that is low risk?
It’s a weird thing to convert Epf bound monies into equity.
Even corporate bonds have a lot of risk.

People will be unlikely to treat Epf bound monies with risk appetite, imho.

How much would one value capital guarantee feature. (in EPF case only value guarantee though, not when-can-take-out guarantee)
Example:
Fixed value EPF 5% pa
Corporate bond 5.7% pa
At what point would you rather put the 100k reserved for EPF self contribution into Corporate bond. 5.5%? 5.9%? 6.3%?