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.

100k x 10 yrs = 1 mil
500 x 10 yrs = 5k

From age 14 till 24,
1 mil Kena locked for 26 yrs more
Just for the rm5k incentives + annual fixed roi of abt 5.5% pa from age 14 till age 50

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

With just that approximately 5.5% pa roi + 5k extra payouts to investors that deposits 100k per year for 10 years from age 14, ...i believes many investment companies or hedge funds would loves to get a hand of that money that can be locked for 34 years so that they can use that money to invest.

This post has been edited by MUM: Jul 17 2025, 05:25 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.

?... need only 2.5k for the 500... roi is fantastic in this respect...

That is when 1 mil target is not the aim of parents to hv the child hv 1 mil in epf by age 24
( per reference to post 5381)

This post has been edited by MUM: Jul 17 2025, 06:00 PM

If you grumble why let RM1 million locked for only 5.5% ROI?
then you should not go deposit RM100k every year


You dont want money locked dont pump in so much
You complained ROI 5.5% low, then dont pump in so much
pump in just enough cukup

easy,
just deposit RM2500 to your kid EPF every year
and he gets isaraan RM500
that is 20% ROI
on top of EPF dividend 5.5%

Total ROI is 25%!!!

i dont see how people can complain on such a deal EPF offered

whether Gomen promote it or not
should not make the offer less attractive
or 'suspicious' as someone hinted

or made to look less attractive by pretending dont know
using max RM100k a year deposits to calculate the roi




This post has been edited by guy3288: Jul 17 2025, 06:17 PM

Remember it's lifetime 5k only

Max 10 years of rm500 each....

I prefer it to be lock (for kids) rather than changing iPhone every year. Don't remember got fixed annual roi from epf.


Sure all the coNsultants would love to get it but by their own tnc.

If they can guarantee annual returns 6% plus extra for compounding without fees then I would be interested.

If one were have doubt on EPF... And it's low rates given...

Why go maximize the 100k yearly limit then for kids...

Just dump enough $$$ to get the maximum 500 i-saraan...

Why waste such good opportunity given..... I know it's just peanuts $$$$, but when accumulated over the years... Can buy more iPhone future on 😜

This post has been edited by MUM: Jul 17 2025, 08:48 PM

In 2024, government allocated around RM114 million for i-saraan...

Probably for 2025... Needs at least 150mil??? Since it's getting very popular.... Now with deputy minister promoting openly.... Sure hike in contribution by high school students

And those self employed / gig workers too 😁

This post has been edited by nexona88: Jul 17 2025, 09:15 PM

yup... we are unlikely to max it... kids n i probably 1-2k only

dunno actual spent how much... but yeah getting noticed... my old friends just found out got such i saraan thing... lol...

100k deposit is very recent... didn't go back 10yrs... so unlikely for any 21 yr old to hit 1 mil per that post...

going forward is possible ... myself have started but as it will take 10yrs to move 1m... my kids will be 30s to 40s by that time... lol...

Wow!. 👏Papa gives 100k into kids self contribution quota. Kids got free papa money.
Kids self contributions quota full. Kids can put self earned and saved money else where.
Good daddy. 👍

epf fud has been around since i was born... and will certainly continue when i am gone...

1k or 2k also still consider as "free" money 😁

Just take the opportunity

Not just good daddy bro
One has to be very capable to be able to do that

Self and wife already rm200k per year
Plus kids some more tak boleh than lo
Where got so much money to do that for every kid
Every year.....till max them all?

Actually for EPF, I won't transfer my EPF money to my kids
Wait till I die they automatically all get it and easily

For other assets eg properties bonds etc yes
Better do some transfer early when you are still around

Wait what? I thought only for people who 'work'? So EPF's OK if I register my still primary school child? Confused ...

I can't read chinese by the way.

Edit:
Sorry, just realised 14-year minimum age. Regardless, I'd definitely do it if I had a child older than that.

This post has been edited by wira1979: Jul 18 2025, 08:47 AM