I believe retirement planning is an important part of everyone’s personal finance.
Other than growing my money through various types of investment vehicles in Malaysia, I also actively building my nest egg through the Employee Provident Fund (EPF or KWSP) and Private Retirement Scheme (PRS).
You may find more write-ups on each EPF and PRS subcategory.
For this post, I am going to share my thought on whether our EPF savings be enough to support our retirement years. Will our EPF savings be enough? For employees in Malaysia, every month we have about 23% of our monthly income credited into our EPF accounts. From this 23%, the employer contributes 12% and the […]
Will Our EPF Savings be Enough? Read More »
Do you know that your lifestyle affects your retirement planning? Or are you getting a better paycheque but still find it hard to save for retirement? Read on further below. Your lifestyle affects your retirement planning Recently, I read an article by Yap Ming Hui on NST online with the title SAVING little for retirement.
How does Your Lifestyle Affect Your Retirement Planning? Read More »
Have you received your latest EPF statement of account? I remember a few years back, I received my EPF statement by the middle or end of March. But, since 2008 I no longer receive the annual statement of account. I am sure as an EPF account holder, you wish to know the amount of saving
How to Get Your Latest EPF Account Statement? Read More »
Do you wish to know how to make EPF nomination? If yes, read on. Because I am going to share how I did my EPF nomination. I will also share the reasons why you should make your nomination and other important things you should be aware of. How to make an EPF nomination? If you
How to Make EPF Nomination (and why you should)? Read More »
Are you in your EPF dilemma on the reduced EPF contribution rate? Whether or not to opt-out and maintain your EPF contributions at 11%? And to fill up the Form KWSP 17A(AHL) KHAS. Or to just follow the new EPF regulation to reduce employee contributions from 11% to 7% for 9 months (April 2020 until
Reduced EPF Contribution Rate: The Pros and Cons Read More »
