EPF - self contribution, need advise
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 Today, 09:52 AM
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Senior Member
3,278 posts Joined: Apr 2008  
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QUOTE(touristking @ Dec 13 2025, 09:21 AM) Funny in 2018, people saying EPF will collapse and better take money out. Now, people rushing to put money in instead. Some max out don't have the option to go monthlyFor me, I just put in whenever I have spare cash laying around regardless of which month  |
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Today, 10:42 AM
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All Stars
18,446 posts Joined: Oct 2010
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QUOTE(doremon @ Dec 13 2025, 09:31 AM) The way I look at it, EPF is the safest option to treat as a pension scheme, aside from the government pension scheme. The 38yo one will not be abled to use 20k/month dividend Which also mean he/she has 4mil in EPF n should have other source + some from acc3.Seventeen of my close personal friends whom I personally know are living on passive income from EPF dividends alone. Youngest is 38 and is getting RM20k monthly from dividends only. I am almost reaching RM1 million now but I need a few more bonuses to exceed RM1 million. I don’t care what people say about going for gold, unit trusts, insurance or Bitcoin. I’m going all out with EPF now. Because if EPF collapses, Malaysia will collapse as well. MUM liked this post
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Today, 10:44 AM
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Senior Member
3,278 posts Joined: Apr 2008
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QUOTE(MGM @ Dec 13 2025, 10:42 AM) The 38yo one will not be abled to use 20k/month dividend Which also mean he/she has 4mil in EPF n should have other source + some from acc3. can la... over 1.1M can withdraw ma.. |
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Today, 11:09 AM
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All Stars
18,446 posts Joined: Oct 2010
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QUOTE(virtualgay @ Dec 13 2025, 10:44 AM) can la... over 1.1M can withdraw ma.. Oops overlook that option. |
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Today, 12:10 PM
Show posts by this member only | IPv6 | Post
#5885
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All Stars
48,519 posts Joined: Sep 2014 From: REality
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QUOTE(touristking @ Dec 13 2025, 09:21 AM) Funny in 2018, people saying EPF will collapse and better take money out. Now, people rushing to put money in instead. In 2018???? Don't joke around...For me, I just put in whenever I have spare cash laying around regardless of which month Should be from 1990 time.... Or earlier... ... Been hearing for years... Generation by generation..... |
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Today, 12:14 PM
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Senior Member
3,663 posts Joined: Apr 2019
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QUOTE(doremon @ Dec 13 2025, 09:31 AM) The way I look at it, EPF is the safest option to treat as a pension scheme, aside from the government pension scheme. btw, just a reminder (yeah, i sound like a old man already....)Seventeen of my close personal friends whom I personally know are living on passive income from EPF dividends alone. Youngest is 38 and is getting RM20k monthly from dividends only. I am almost reaching RM1 million now but I need a few more bonuses to exceed RM1 million. I don’t care what people say about going for gold, unit trusts, insurance or Bitcoin. I’m going all out with EPF now. Because if EPF collapses, Malaysia will collapse as well. next year onwards is 1.1m the new threshold to withdraw. Since you are close, if you have spare cash lying around in FDs or e-wallets, I think you can consider throwing whatever spare cash into EPF and force it above 1.1 or 1.2 or 1.3 (2026, 2027, 2028 limit respectively). But do go over your cashflow situation before deciding... |
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Today, 12:15 PM
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Senior Member
3,663 posts Joined: Apr 2019
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QUOTE(nexona88 @ Dec 13 2025, 12:10 PM) In 2018???? Don't joke around... way earlier... since my dad's time.... 1970s at least.... Should be from 1990 time.... Or earlier... ... Been hearing for years... Generation by generation..... my dad at first opportunity, took everything out and left it in the bank FD....  |
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Today, 12:20 PM
Show posts by this member only | IPv6 | Post
#5888
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All Stars
48,519 posts Joined: Sep 2014 From: REality
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QUOTE(Wedchar2912 @ Dec 13 2025, 12:15 PM) way earlier... since my dad's time.... 1970s at least.... All these years keep hearing the same thing over again...my dad at first opportunity, took everything out and left it in the bank FD.... Now also got same case... Withdraw everything & just keep in CASA or FD.... Don't trust EPF at all.... Seriously... If EPF closed shop.... Whole country already GG already.... Wedchar2912 liked this post
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Today, 12:21 PM
Show posts by this member only | IPv6 | Post
#5889
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All Stars
14,931 posts Joined: Mar 2015
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Even currently, ( just few days ago and periodically) a forummer still promoting not to put anything non mandatory into kwsp. He had been constantly promoting the fear of lost of trust and confident due to the constant goal post changes. I guess, given the chance, he would also take out due to those fear and mistrust Wedchar2912 and nexona88 liked this post
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Today, 02:10 PM
Show posts by this member only | IPv6 | Post
#5890
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Senior Member
2,621 posts Joined: Jan 2005  
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QUOTE(Wedchar2912 @ Dec 13 2025, 12:14 PM) btw, just a reminder (yeah, i sound like a old man already....) Yeah bro, I missed that detail. Thanks for the reminder about the RM1.1m starting next year onwardsnext year onwards is 1.1m the new threshold to withdraw. Since you are close, if you have spare cash lying around in FDs or e-wallets, I think you can consider throwing whatever spare cash into EPF and force it above 1.1 or 1.2 or 1.3 (2026, 2027, 2028 limit respectively). But do go over your cashflow situation before deciding... To be honest, EPF is my only future savings and investment. I’m going all out in EPF and trusting our Malaysian Government. If anything happens (touch wood), I’ll use the Penang Bridge as my last resort  Actually in a way our government is helping us not to be complacent. It’s like they are saying, "You scratch my back, I scratch yours.” I’m fine if they increase it to RM2m before we can start withdrawing the dividend. Wedchar2912 liked this post
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