Wahh this few days velli hotz topic... on epf and retirement...



inb4: Here we go againz...

the reason is inflation rate exceeded EPF return.

for example: government always bullshit us, telling us inflation is low.
1. But suddenly insurance wants to hike premium 10% per year, continuously for minimum 3 years
2. EPF suddenly release, minimum required savings. the amount increased from 20% to 50% (I cant remember exact percentage, its so damning)

Its like government got caught lying with its pants down

Pretty much world liddat
Just ready to work till die

1. not everyone buys insurance, it is not your standard basket of goods to calculate inflation
2. minimum required savings has only partial relation with inflation, another factor to consider is a the increasing longevity and ageing society in Malaysia. So your irrational tin-foil hat about "govt lying" is not backed up with facts

only SALVATION is STRF... 10% PA fixed...

pam muh buttcoins biatchesss...

In 1960, everyone can afford to retire coz their life expectancy used ro be like 60 y.o.

Now some people can't afford to retire because they simply live too long.

nasib alot of us sulah cucuke... no?..

That is why must increase the retirement age to 65

Means work till die la..

That is why I don't want to retire. Not even 70 years old. I mean, I don't want to rely on saving for retirement. I'm not a businessman. I'm a salary man. And I need my salary for my whole life. Please ban retirement age.

Meanwhile the 4% got enough for their children to retire outright.

No, must stop all the nonsense RM1 kkm. If you are old, and u need the rm1 healthcare to stay alive, you cannot afford to continue extending your life anyway.

Old already, go to kkm rm1 to extend life, then no money to continue living, after release.

Just turn on the aircond and sleep the whole night inside car if can no longer afford to live

Thats korrekk..... gomen should allow euthanasia in Merehsia...

Retirement is myth in 3rd world country general population. Only T10-T1 afford to retire.

Can't afford to retire is one thing.

Next they're going to make the unofficial retirement age even earlier with private companies now cutting off hiring age at 35-40yo and implementing routine retrenchment cycle every year targeting the older/senior staffs.

you try to experience your grandfather/grandmother simple lifestyle before you put in the general statement of "in the 1960, everyone can afford to retire"

so, how to solve?

Alll in STRF in momoo??...

Abolish excise duties pls

Ayam mau beli BYD half price

Those alone and single punya , why can't retire....
Easily achieve at 50

foreveralones who wanna live with 4.4K in passive income also would need to have 1mil in EPF to earn that much...

Again come back to the point that how many people will be able to achieve 1mil according to the stats...

if you're able to survive with 2.2K a month, you would still need 500K in epf to generate that amount of passive...

Must take into account inflation and monthly return.

What your grandparents think is enough to retire some 50 years ago is peanuts today. They could buy a house with just RM25k back then today the same house already worth RM500k.

Chap fan 30 years ago under RM3 can get 3 dish plus drink. Today RM10 might not be enough.

If until 96%, something is very wrong with this country.

Don't even need to look that far.

Just 30 years ago when you're still a child. RM3 can already buy chap fan with 3 dishes and chinese tea is 10cents or free.

RM1 can already buy roti telor + roti canai.

This is how the bankers steal value out of your money instead of directly robbing the people of their money. It's regarded as the "invincible" tactic through what is called inflation.

30+30 is a good number la. Already 85 ape lagi mau. You can stay healthy to spend your fruit not eroding your wealth is already a blessing

Cannot afford its because you slack the 1st 30. Priority ke longkang to begin with. Period

Inflation is new? Haha get real don’t give excuses la suck it up

This post has been edited by jojolicia: Jun 4 2025, 09:36 PM

Wait till you see what is happening in Canada and those Commonwealth WEF nations...

Those rapeugees already given "interest free" $40k loans once they land there and become indebted almost on day one sold to be slaves.

I hope I died by the time I reach 60. no point live long long time also. cost of living increase a lot each year. not happy la if age beyond 60..

The sad thing is, I dont think a lot of people will survive long enough to reach retirement age.

We'll be extremely lucky if there's no nuclear armageddon in the next 30 years

and you forgot 1 point, 30 years ago, i can't afford kfc because my father only earning like 1k+ per month. Today, i can eat kfc everyday without breaking a sweat. That is also called inflation for salary.

with life getting harder day by day

if allowed
painlessly.....
how many will subscribe?

KSM
Kerja sampai mati

yes spread more doctrine of epf investment

also malaysia already same level with sg korea japan , work until die culture , bali bali culture

Epf expected giving lower return next year..because need to support govt instructions to buy local bursa shares since foreign investors already running away due to non confidence with current govt

30k years ago if a house only costs RM35-40k landed, and your father earned 1k+ per month he should have no problem paying it off by the age of 50.

Can your RM4k salary pay off your 500k house on loan by the time you reach 50yo?

Not just that you think you can keep your job until your 50 today and not become the next retrenched worker to make way for the annual release of new grads?

yo, 30 years ago assuming 50k landed with 1k+ per month able to settle it by age 50.
if it is increase by 10 times, 500k, corresponding salary should 10k+ per month. But realistically speaking, i already settled my house of 500k before i reach 40

The percentage shoot up after mydin allow withdrawal.

We're talking about the average Malaysians, you father back then with RM1k+ salary got as educated as you a not with degree?

He can settle landed home even before retire and still have enough savings to fund your studies and retire comfortably.

Try that with today's new job seekers.

he didn't have enough to fund my studies, it was just ptptn, and he didn't retire comfortably, his comfortability came from my monthly giving to him

Otherwise, should be fine if replicate the same lifestyle. But then, how many can do that, how can do away with yearly overseas travel? dine out? daily coffee?

This post has been edited by gundamsp01: Jun 4 2025, 10:05 PM

Buy ipong, netflix subscription, buy ps5 , rtx4090 , yearly instagram vacations then cry you are very cham. This if the folly of modern people.

can we retire early? 65 too old to work, avg malaysia age just 70+

Japanese still got senior citizens over 80yo still working.

https://open.dosm.gov.my/dashboard/life-expectancy

i just say about this data by gov, avg age

Local bursa, how long can epf prop, unwise move. Not sustainable

This post has been edited by jojolicia: Jun 4 2025, 10:55 PM

everyone has their own judgement if they can retire early or not. In terms of longetivity, look at your family line history rather than average malaysians lifespan.
You have to judge your own situation for yourself.

The concept of retirement is outdated

we now work till we die

Reality is often hard to accept.

By 50 your pama already paid off the house u live in with them
Your pama EPF also they ll pass down to you
Jeweleries cash investment also pass to you
You yourself also work n got epf
If you no gamble it off , 50 retirement should be attainable

inflation is just mad, dont know how they calculate.

i still remember few years back cheapest 3 series with 3 cylinder engine was barely 200k

now 3 series, c class, volvo s60 all became 5 series, e class price from 2019???

and this is with reduced technology too

new e class got reflector headlights in the big 25

what even is happening

Actually i don't understand why people always said not enough to retire, when you get old your lifestyle and spending will be lower and lower, when you 60+ you don't eat as much as when you 30+..so yes inflation kicked in but you eat lesser so price will be lower.

For lifestyle, i think some people want to maintain that 'lifestyle' at 60+.. That's why not enough. For 60+ uncles go cheong once a month cukup la and also go kopitiam instead of hispter cafe. spending sure go down.


FYI, this is my pov only. i not yet 60+... long way to go..correct me if im wrong

Well all thanks to certain imperialist money printing machine and export their inflation around the world. Amdk sure will not have any issues with inflation

load of bulls
all these 'gurus' sure kept saying the same thing, no amount of money is enough

they just want you all to invest in their schemes

Perlis & Kelantan welcoming all retiree.

or die early, all prob settle.

When pepolz retire, they mostly want to live a full life and not hunker down in the house tunggu ajal jer...

Say if you're already 60 now and how much you need now to survive?.
if you say you need 2K every month to survive now in today's currency...

then in 20years time when you do retire you will need 4K just to have the same purchasing power of today's 2K ).

For you to earn 4K passive in EPF about 1mil is required.

That's why salah DAP
And sugar and processed foods exist for a reason

The problem is people don't have enough savings when they retire to even afford the lower spendings

Then there are people who retire and spend all their savings in just a few years

Let's say, you got 200K savings after retirement, do you think its enough to sustain you until 75 years old when you retire at 60?

If I am not mistaken, a lot of people don't even have the EPF recommended minimum 250K when reach 55 years old

You use luxury cars to calculate inflation? LOL!

Look at inflation from kepci point of view...

https://forum.lowyat.net/index.php?showtopic=5519597

when you have those sohai people take out their EPF money before retirement, of course in the future its these the same people that gonna say not enough money for retirement

They don't have enough to retire.
But what i care about is do i have enough to retire. Ktards argue people can't retire, correction, only certain people. Let them work. Some of us have a chance to chill before we check out. I don't spend on useless temporary stuff

Yup. Just move to some small town. RM1k/month also enough.

Those not enough usually have debts.

Buy cars out of affordability
Rather not save the $$$

Dat's why

look at it this way, the rich get richer, i understand, but also the poor and M40 are forced to stay in their brackets much longer.

gone are the days where you can buy a bmw with your 20k salary and still have enough to support a family.

is that not sad?

i dont know

definitely a recession indicator if you ask me

Malaysia Population : 35,944,483

96% X 35,944,483 = 34,506,704

Aged 0-14 in Malaysia is 22%

Maths failed also can teach do calculations?

This youtuber forgot about those with pencen...

They can live normally. They don't need EPF.