Retirement funds is sufficient after your age 55 retire
Based on EPF data showed one third of Malaysian got no saving at all,they are all depends on EPF funds for their age of retirement at age of 55
More than 70% of Retirer in Malaysia after withdrawn their EPF money, spend all the money after 3 years
And yet their insufficient of EPF funds not enough to cover up inflations,health care and day to day daily expenses
In year 2035 make up 15% of the total Malaysian population in 5.6 million are above age 60
I suggest before retire we can take up annuity income to secure our old age golden life to live happily with the money we effort to sustain for our daily expenses
Email at syleong2011@gmail.com for further information
Comments