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Only 3% Of Malaysians Can Afford To Retire

40 mins·18:00, 2 Nov 2021
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Only 3% Of Malaysians Can Afford To Retire

40 mins
·
18:00, 2 Nov 2021
·

EPF chief strategy officer Nurhisham Hussein recently stated that only 3% of Malaysians can afford to retire on their EPF savings. We unpack this by first looking at what this means for seniors with no savings. Then, we discuss how EPF can improve, and what other systems we could incorporate. Finally, we look at the importance of planning for your retirement.

Image Source: Towfiqu barbhuiya, Unsplash

Presenter: Sharmilla Ganesan, Lee Chwi Lynn

Producer: Tasha Fusil, Adeline Choong, Raihanna Azwar

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