EPF - self contribution, need advise
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 Sep 27 2023, 03:49 PM
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#1
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Junior Member
430 posts Joined: May 2017 
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QUOTE(Lembu Goreng @ Sep 26 2023, 05:38 PM) Mine is 60k (cause last time max self-contribution was 60k) - maybank Mine was 60k, via Maybank, i did it on Jan. Not sure if there is any changes after that.  Btw, amazing you have >2mil in EPF when you are only 44yo.  I need around 1 year + a few more months to achieve that. |
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Sep 27 2023, 03:55 PM
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#2
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Junior Member
430 posts Joined: May 2017
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QUOTE(nexona88 @ Sep 26 2023, 09:20 PM) That's why always dump $$$ last week of the month... Personally i never care about that, i dump in the money whenever i have time 2 day before also can, if u dare to take risk (since Malaysia banks famous for sudden offline @ issues) 😄  nexona88 liked this post
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Sep 27 2023, 06:18 PM
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#3
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Junior Member
430 posts Joined: May 2017
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QUOTE(fuzzy @ Sep 27 2023, 05:20 PM) I thought bro friedcow already retired? Only 44? He mentioned he is 44yo.This post has been edited by HolyCooler: Sep 27 2023, 06:18 PM |
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Nov 10 2025, 02:27 PM
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#4
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Junior Member
430 posts Joined: May 2017
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QUOTE(jasontoh @ Nov 10 2025, 11:32 AM) What I mean like if you are contributing 100K, at what income level you only start to do so? Like maybe 500K range? Or only feel more comfortable at 1M range? Because meaning those self contributing also will not have issue no matter how many years EPF change the min balance threshold for withdrawal. Imagine 1M, you only need ~ 3 years to get another 1M, so the additional 100K-300K basically feels no impact. My 100k self-contribution is not from salary, it is from other sources such as dividends, etc. |
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Nov 10 2025, 02:45 PM
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#5
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Junior Member
430 posts Joined: May 2017
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QUOTE(jasontoh @ Nov 10 2025, 02:31 PM) 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. frostfrench, oks911, and 3 others liked this post
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