How Confident Are Malaysians About Their Retirement Plans?
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Having enough to retire comfortably is something that we are all worried about. And with recent news about Malaysia becoming an ageing nation faster than expected, it’s a subject that is at the top of mind for many of us.
But with the Employees Provident Fund (EPF) saying that Malaysians might need close to RM1 million to have a “dignified” retirement in places like Kuala Lumpur, we wanted to find out what our fellow citizens are doing to prepare ahead.
We conducted a survey about retirement planning and asked Malaysians how confident they are with their current plans, whether or not their EPF is sufficient, and what they are doing to make sure that they can enjoy their golden retirement.
Here are what the results revealed.