Bero, that's for one household of 4 pax.

gaya mesti ada.

Just extend retirement age from 60 to 65.

65 yrs old pun macam tak cukup. Retirement age should be 70 yrs old at today's rate

No other baja. Just my kitchen vege leftovers. My other papaya trees are all fed with the same kitchen leftovers and are growing well, fruiting with great papaya aroma and thick flesh.
Seriously, no flowering at all. My neighbours advise me to do some pruning , which I did but still cannot bear any fruits at all. Ideally, I do not want to use any artificial baja la. Any advice?

Aiyo then few more years mati edey....

Interesting. How do you get these at distributors prices or lower?

retire = get dementia

You can buy on Taobao, pay with your credit card and resell the items locally.

IMO, they should cut off subsidized public health care for age 60+

Useless old people who didnt buy insurance shouldnt leach young people's tax money.

This is what facing in Japan now, too many old people leaching young working group.

I see. Make sense. Thanks.
I was at Yiwu, China years ago. Most of taobao goods are available there, I suppose. Eye opener as they have so many buildings with different product themes. And the most recent goods are sold there though the quality is to be confirmed.
I was told that you can buy, and get a 3rd party to inspect and then a logistics partner to ship to you. A lot of international buyers there.

They pay tax also. Longer and more than the young.

This is controversial. It is likely that those who are 60+ have ben paying income tax. So there’s nothing wrong with them using subsidized services.
What can be done differently is to remove subsidies for smokers who has lung cancers since they knowingly accept the risk. Similarly for those obese people who do not take care for their health though this category is difficult to implement as obesity can be due to genes as well.
Just my thoughts.

unlikely much for those without insurance, if they cannot afford insurance, they are less likely to be big tax payer.

right now they are majority of the population to due population aging. How is it fair for the small amount of young population feeding the large group of old fossil? this is totally unsustainable. This model use to work When young population > old population last time. Not now.

This post has been edited by Boldnut: Mar 14 2024, 11:41 AM

Malaysian need to improve in educating youth people about the important of financial. Majority people who leave the school will buy expensive phone and car beyond their capability. As long as bank willing to borrow money then people will take longest tenure for the repayment. There are many people income less than RM 2500 and paying monthly instalment at RM 1500 for car, phone and other stuffs.

Beside this many people choose not to go to formal employment jobs and rather operate small biz without paying EPF. As usual most Malaysian aren't having the habit of saving, without EPF contribution it is very hard to survive when it comes to retire age.

Sometimes people criticise what is the 240k for after retirement, it is small money. But do you know that majority people dont even got 1/3 saving of this amout in age of 55. It is not a big money in 20 years later but still better than nothing.

I doubt so cos many of my friends are middle class and do not buy insurance cos they do not believe it and their company provides PA and free medical.

they picked their choice, they should live with it.

It is still unfair for future young population to feed large amount of aging population. You'll kill the young future under this setup.

Any responsible seniors who really cares about future generation should think about building future for next generation. Not holding on old policy that will kill next generation.

I don't think the 4 withdrawals have any major impact in ability to retire. If the withdrawals of (I forgot how much cumulatively, say RM40k?) makes you not able to retire, you are not able to retire anyway with or without the withdrawals.

Government should look at other factors, instead of just conveniently blaming the withdrawals, like salary is not keeping up with the living costs, brain drain, lagging in many opportunities, etc.

Kerja sampai mati ajala

Those 40k thru compound interest could become 106k in 20 years (5% annual growth).

If you look further than mere figures, those irresponsible withdrawal from the forced saving fund further deteriorate the good habit to save for future, it promotes the attitude to only focus on short term and ignore the future.