0
%
of Malaysians
say that their EPF savings
are not sufficient for retirement.
Retirement starts at
0
years
The average life expectancy is
0
years
That’s 15 years without
Less than
10 Years
That’s how long almost 70% of Malaysians believe their EPF savings will last.
What’s worse,
50%
of Malaysian
Youths
Haven’t started ANY retirement planning.
Today,
of Malaysians cannot survive more than 3 months with their savings, if they lose their job.
of Malaysians don’t save at all.
1 in 5
Malaysians spend more than they earn.
Today,
of Malaysians cannot survive more than 3 months with their savings, if they lose their job.
of Malaysians
don’t save at all.
don’t save at all.
1 in 5
Malaysians spend more than they earn.
Malaysians spend more than they earn.
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Think you’ll need less money when you retire? Think again.
“Malaysians aren’t prepared for retirement”
Today, a 55-year old
needs at least
RM240,000
in savings for a basic retirement
But
68% of EPF members
age 54 have less than
RM50,000 in savings.
And if retirement for you is 20 - 30 years in the future, with inflation,
you’ll need much more.
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Are you ready for retirement?
Don’t wait to be a statistic.
Take the first step and find out if you're ready with the RinggitPlus Retirement Goal Calculator.
Calculate Your Retirement Goal Now
Take charge of your retirement today!
*Statistics shown here are taken from the RinggitPlus Financial Literacy Survey 2020 and EPF (KWSP) Malaysia.
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