achievement unlocked once you have 1mil. can take out excess

Risky in what way?... care to share?...

3/4 of assets in MY is actually a good thing... and also remaining 1/4 in gomen debt i also a good thing as most of the debts is also denominated in MYR. Risks to EPF is less actually.


Put in banks, bank runs can happen when bank collapse.Ability not to remove money is possible as it's already happening in CCPland and US noow.


Put in EPF, i stiil see it as way less risk as compared to the above as it's our country's sovereign pension fund. The impact to government and country is far higher if EPF folds as compared to banks. Just loook at how BOE stepped in to save their country's pencen funds when it was in trouble recently. Most verry verry likely malaysia will do the same.

On inflation part, can't be helped... a few major country WILL go into recession next year. As long as printing money is not excessive till it creates a feedback loop to bail out entities and print more money, we should be still fine compared to others.

When SHTF happens, point to not to defend the RM, . All country will stop exports and economy will self isolate back within their own country. Then slowly economic ties within countries will rebuild again and hope then trading will be denominated by a proper reserve currency and not the US dollar.

This is where i feel we are heading now.

If the BRICs nations comes out with their basket of currencies that is supported by gold and a variety basket of commodities, this is where most my money would be at then. Till this happens (hopefully next year, as FEDs would be coming up with their CBDC sometime Q3 2023 , BRICS nation have to implement it fast as well), my money will rest in what i think the least riskiest place.

After 55 still can do self contribute?

If I oredi above 1mil... this does not apply right?

awesome la... if u got 500k just every year top up 100k , 5 years a mil alrdy... if got 1mil... 5 years 1.5mil oredi...

if 2mil... you wait and don't touch the monei for 10 years will bonus 1mil extra liao.. no need add extra..

magic kan...

Any amount above 1mil can be takeon out..

can just create without kids needed to be employed properly?

if I put at the very last week say in Dec 2024 100K self contribute, then i would still get the full dividend amount right for that 100k?

why are people depositing so early that self contribution?...

deposit in Jan 2025 vs Dec 2025 got difference?...

can someone explain?... interest is calculated at amount on 31st dec right?...regardless of whether you put in beginning of the year or end of the year...

or is my understanding wrong?...

thanks but
my question was if I deposit on say 15 JAN 2025 VS 15 DEC 2025 and amount of 100K

would it make a difference the dividends I would get in 2026?

should be the same right?...

was thinking what would be a better way is that :-

if you have 1.1mil+ in EPF...

you can take out 100K from EPF beginning of the year after dividend payout..

then take this 100K and put in FD for 6mnths
then once 6 mnths expire put to 3mnths FD...

then before year end... just move back 100K back into EPF...

in this case wouldnt you benefit from FD interest for 9mnths + then the EPF dividends from 100K?.

yinnih whorang yindia chakapz... dun go chasing kering sous (pennies)...

invest properly... and have meaningful impact on your life!....

I already mentioned everyone should at least spike up their EPF to 1mil. and leverage on that high savings yield...

rather than chasing FD rates from one bank to another... for that .2 .5 or 1 percent extra...

i see alot of people in loyatz doing that... moving funds often form banks to banks chasing higher FDs... i just cant brain it..

take at 5pct... compared to 3pct+ what FDs are offering...

it's a difference of 2%... if miss having your money in EPF for 20yrs... thats 40% of dividends wasted (20yrs X 2pct extra dividends per annum) which could have been easily gotten...

tenkiu la.. i just needed a proper explanation... and you've provided it...
kam sia...

just for disclaimer, i'm not doing any funny or dodgy investments...
my investment is just in EPF... and keriptos....
no stonks, no bonds, no FDs.. no Forex, no CFDs...

my allocation is 50% EPF / 50% KERIPTOS...

i dont think anyone has done something similar before....

one day i'll do a detailed writeup on my journey...

Wanna ask... At age 55, we will have Akaun 55 and Akaun Emas.
Being all 3 account consolidated to Akaun 55 and if you still working the contributions would go into Akaun Emas.

If one were to continue self contribute , which account would this sum goes into?...

Dividends from account 55 will go into account 55 and
Dividends from account Emas will go into account Emas?

Also if you have above 1mil, taking out excess funds anytime still applies? would it be then 50% from each account?.

Actually i got think about the below scenario...

once reach the 1.3mil threshold.. then they raise to 1.6mil... then when that threshold is reached they raise to 1.9mil...

then during that last threshold raise, they remove lump sum withdrawal and only allow monthly dividend withdrawal upon retirement.

Lump sum withdrawal only allowed once person reached 70 or upon death.


btw When is the 1st treshold increase gonna take effect??.. i'm planning to take out liao all these excess funds if payout for last year does not look good.

For some reason, i feel epf is not making my money working hard enough for us these days with ASB catching up on dividends, does it mean we got a lousy money manager handling our funds or something else is wrong somewhere...

Will wait for this rounds dividends and see whether still worth
maintaining it in here or if it's quite close to ASB, might as well keep there instead for flexibility.

Quick question, Can i contribute to my sister's kids EPF account?

means all new/self contributions done before 55 would be able to be taken out at 55.

from 55 - 60 , any new/self contribution done during this time ( is locked until age 60) , eventhrough your account can have more than 1mil?.

but we can still take out the capital that was contributed before 55 when we are within 55-60 of age?.