retirement is a western idea.
all asian countries work till their 90s.

Cannot simply allow euthanasia. I sappork only of person is terminally I'll and or in lots of pain that will endure prolong suffering. Call it MERCY.

900k with 3.5% inflation can makan till you 90yrs old. If expenses is 3k and average 6.1% div.

That still left you 400k incase you cannot die at 90 or some T20 funeral cost.

If you cannot reach 900k, lower down your expenses. Get your butt out and work.

You can get 6.1% from maybank.  And even much more in another market. Learn and work harder to find. Not difficult.

Maybank is already very reliable. Div % I get from pass 20yrs and estimate the future.

Of course you can mix with epf and m2u with ratio.

And if you are smarter, high yield and hold some share will even better.

This is the foreign investment.

"And if you are smarter, high yield and hold some share will even better."
I thought you believe in EPF?

Ever wonder why our government don't do shit about current obesity and obsession with potong kaki beverage and artery clogging food consumed by Malaysians? Because government secretly wants B40's to die early and not be a burden to KKM

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.

Retire? Better stack pillow and think properly..

BKT now RM28/pax

https://www.chinapress.com.my/20240313/%e8%...b0%b4%e9%b1%bc/

Fried egg now RM4.50/pcs

https://www.chinapress.com.my/20240314/%e4%...bb%b7%ef%bc%9f/

Retirement means different things to different people.
For some, still need to work, part time maybe like Grab.
For some, means enjoy life, go overseas trip like 4x a year.
For some, weekend fine dining.
For some, drive around and go places in Msia, foodie hunting. Cuti Cuti Malaysia.
Pick up hobby like carpentry or drawing also need money.

The amount needed varies from person to person, locality to locality.
EPF only states the minimum requirements for most people.
If you are outlier (high end side), then work on it to get more $$ before retire lor.

I read before, to retire need 3 things:
1. Health
2. Wealth
3. Three hobbies.

retire and survive.. i think most msia still can la..

retire with dignity.. now that is a dream for many..

while some T1 work until they die because they dunno how else to live.. lol

to retire with enough cash to maintain your current lifestyle (of course some changes due to age is expected) and have some leftovers for the kids...

for example, my parents late 70s now..
- no more loans
- still got medical insurance coverage until age 100 (of course co-pay) with annual premium of 12k
- still have their annual oversea trips and hobbies
- still can splurge on meals and shopping as before without counting the pennies..
- still can change car when it is time

Sudahlah bro i tired d reading ketard economist wannabes give lecture as if they have oracle power to see the future not to mention delusional. Everyday open tered myr down economy down semua down as if straight poor kenot live anymore. Let them be.

U forgot anak itu rezeki? Anak tanggung lah. One anak give 500. 5 anak = rm2500 per month. Enough to makan rite? Your epf can generate rm2.5k or not?

T20?? That is T5 lifestyle...
T20 KL household starts at RM15k... per person RM7k salary GROSS....
Even with that salary while working.. I don't think you can do

- still have their annual oversea trips and hobbies
- still can splurge on meals and shopping as before without counting the pennies..
- still can change car when it is time

Unless your oversea trips limited to Asia.... + low cost hobbies...

Splurge meals only weekends and shopping once a month for high street brand not luxury brand...

change car after 9 years.....

all that with most likely ZERO savings cause still got housing loan... kids... and other expenditure....
Zero savings how to continue such lifestyle in the future where you only could afford like 21% of your existing salary maxx.....

Your Retirement Funds at Age 55
You will need
Based on your choice*:
RM 2,148,075
For 25 years
Until 80 years old
You have about
RM 2,050,104
Approx. for 25 years
Until 79 years old

      deficit

btw..it din take into consideration that the amount you have is generating passive income?
then not accurate lo

Tat means u already achieve /k standard celery..
67% of 20k is a lot... But not b40 celery..
,😁