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 As long as you dont touch epf, retire no worries

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narf03
post Feb 28 2023, 11:17 AM

Look at all my stars!!
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From: Metro Prima, Kuala Lumpur, Malaysia, Earth, Sol


QUOTE(wawasan2200 @ Feb 28 2023, 10:59 AM)
https://forum.lowyat.net/topic/2226853/all

saw thread above in museum

start working in 1983 salary was RM1200
let say 1983 he was 21 years old
now he would be 61 years old

assume
salary increase rm100 per year, his last drawn salary would be RM5100
he will have close to 1 million as at 31/12/2022

historical epf dividend rate get from kwsp website
assume prospective dividend rate is only 2%

assume he takes rm3000 in the first year of retirement
subsequent years withdraw additional rm1000

when he is 85 years old still have 47k epf
*
maybe until that age, 47k enough for 1 roti.

 

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