My 100k self-contribution is not from salary, it is from other sources such as dividends, etc.

So in this case meaning you get ~100K in dividend and then self contribute those to EPF, like annually? Why not just reinvest them?

So far i have been doing that for a few years. Investment is not my strong point, and i want my retired life totally no need to worry about losing money.

Some people, say, have 1million, they invest and get, say, 20% return, meaning they get 200k. As for me, i will get the 200k by making my saving 5million and expect a safe 4% return.

Those who willing to take higher risk, or pay more efforts, or pay more time, get more money, fair enough. And i will be happy with the return i get from EPF/ASM/FD.

If you got long way to go, better just buy QQQ etf now. Then when you are retired sell out of the QQQ and dump it into EPF. You got more to draw down then vs now putting into EPF

hopefully EPF/gov up the limit from 100K to something like 250 or 500K rm... to be consistent rite?
on one hand, the withdrawal threshold limit is increased to 1.3m and will be reviewed periodically....
on the other hand, the self-contribution limit is static??? not consistent lor...

I’m planning to withdraw all at age 55.

Ya all our points are actually valid, agreeing to all. The regular in this thread are all saavy.
Just everyone has different situation and plan.

Haha. That's why I said before that the increase of age for withdrawals should be implemented with immediate effect on all members. Not just new members. New age is now 85.

Lol.

(jk... Although magika pointed out cleverly that I dare to say so because I already cut my exposure of epf to insignification % of my portfolio)

This post has been edited by Wedchar2912: Nov 10 2025, 04:45 PM

First of all. 100k contribution just started before that was 60k. Since the start of this EPF thread, many people are more aware of the advantages for voluntary contribution. The discussion here has rebuked quite a number of naysayers and misinformation. I can say many recent contributors had been burnt in the past by delving in investments that are frankly not their forte. So as most of them are keen for a safe yet decent place for their retirement funds , hence popularity of EPF grows. It takes a lot of years to contribute for a decent fund size with previous limit of 60k and also now with 100k.

There is a huge difference between people having a healthy EPF balance and those that made it healthy by self contributions.
If you are the former, you would easily have another 3 to 4X more than what one have in the EPF. And they don’t usually need to touch their EPF.

They just need to up the income tax relief and I will the first person to dump more in. Imagine they up it to RM20k

Honestly, many are working oversea who can easily max out 100k per annum but may not have monthly saving due to emplpyment oversea. These are folks likely feeling pinch as they cant outpace the withdrawal limit if it increase 10pk per year.

Overseas Malaysians would already have the host country's own version of retirement funds...like Superannuation in Oz, 401K in the states or CPF in SG.

Whether they need to maintain a sizable balance in EPF debatable, and really depends on their retirement plans. Specifically, if they intend to retire back in Malaysia. If they do, they are in luck as the geographical arbi already works in their favour and they may find EPF to be redundant.

If got PR in OZ, i will go there retire for sure

If SG PR then back MY retire, even some SG citizens also wish to retire in JB!!!

Haha please don’t bro. New age 85 faint liao

For Singapore, I think depends on whether PR or just work permit, but the employers will give you back their portion of CPF contribution so they will have a lot of money once they get this, at least until they can contribute to CPF (maybe WP update or become PR)

for malaysian who is a PR if they give up their PR status can they take out all the money? just curious how PR works when come to their CPF

I don't think you can withdraw all, right? There is one medical one will be stuck there. Now without PR, CPF also give you the timeline to close the account and transfer the money out.

Edit:
Seems like can.

This post has been edited by jasontoh: Nov 11 2025, 11:28 AM

And you still can - anyone who is not happy about the cap can still withdraw any excess or opt out of the voluntary contribution now.

But that is what EPF is trying to stop, people who think they can withdraw EPF and invest in crypto to make millions just to get burned by some scam.

I don't pay any attention to CPF as it's not relevant to me. But honestly, retirement planning is a personal responsibility. Everyone should make full use of whatever system is available in the country they work in.

For Malaysians working in Singapore, if they're eligible to contribute to CPF, then it's their call whether to do so, based on the law. After all, if one is capable enough to work in Singapore, surely they’re also capable of managing their own finances... can’t be waiting for either government to hold their hands, right?

Even if CPF isn’t an option, just channel that same 20% + extra 20% personal savings (+ the 17% if the employer really gives this portion to the staff) into a diversified portfolio/UT/ETF. That's 57% of gross salary! Same principle, different platform. Most probably outperformed CPF's 2.5 to 4% pa over the decade(s).

That said, a friend’s husband told me recently that the Singapore government actually forced non-PR & non-citizen & non-active contributors (ie him) to withdraw all their CPF savings. So it's not even a matter of choice. He didn't know what to do with his money and kept on asking if I can help him (to the point of managing his retirement money... so weird one... luckily I am no scammer... ).
Told him throw to EPF, and the usual comments appear.