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 2mil in EPF at 35

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beLIEve
post Oct 12 2024, 04:58 PM

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QUOTE(kawa_e @ Oct 12 2024, 11:08 AM)
Just stumbled upon a post while scrolling reddit. This woman is impressive. While there are many articles saying Malaysians do not have more than certain amount in their EPF, there are also many people with over millions in their EPF. She is one of the lucky few. Although I may never achieve what she has I hope this will give motivation to fresh grads after all the depressing posts on lowyat lately.
Source : https://www.reddit.com/r/MalaysianPF/commen...l_in_epf_at_35/
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QUOTE(diffyhelman2 @ Oct 12 2024, 01:59 PM)
Like she said, maximum self contribution is 100k per year. She took ten years to reach the first million. Compounding interest helps a lot after that
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The problem with this is, 100k self contribution a year only started last year, 2023. Before that, it's 60k. If anyone claims "a few years ago", it's a hoax.

This post has been edited by beLIEve: Oct 12 2024, 04:58 PM
beLIEve
post Oct 12 2024, 05:01 PM

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QUOTE(diffyhelman2 @ Oct 12 2024, 04:59 PM)
This only applies to self contribution on top of your salary deduction. With salary deduction there is no limit.
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QUOTE
Self contribution - I only discovered self contribution a few years ago. Since then I’ll max out the Rm100k self contribution

beLIEve
post Oct 12 2024, 05:04 PM

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QUOTE(diffyhelman2 @ Oct 12 2024, 05:02 PM)
She posted a screenshot of her balance in post 83
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I saw. How to prove it's hers?

 

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