How Confident Are Malaysians About Their Retirement Plans?
- Disclaimer: We have based this document on information obtained from sources we believe to be reliable, but we do not make any representation or warranty nor accept any responsibility or liability as to its accuracy, completeness or correctness. It contains general information only on investment matters and should not be considered as a comprehensive statement on any matter and should not be relied upon as such.
- Expressions of opinion contained herein are those of Principal Asset Management Berhad only and are subject to change without notice. This article is not intended to be, nor should it be relied upon in any way as a forecast or guarantee of future events or investment advice regarding a particular investment or the markets in general. The data presented is for information purposes only and is not a recommendation to buy or sell any securities or adopt any investment strategy. This material is not intended to be relied upon as a forecast, research, or investment advice regarding a particular investment or the markets in general, nor is it intended to predict or depict performance of any investment.
- The information contained in this document does not take into account any investor’s investment objectives, particular needs or financial situation. Investors should consider whether an investment fits their investment objectives, particular needs and financial situation before making any investment decision. Past performance is not reflective of its future performance. Investing involves risk and cost. You should understand the risks involved, compare and consider the fees, charges and costs involved, make your own risk assessment and seek professional advice, where necessary. The Securities Commission Malaysia does not review advertisements produced by Principal.
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.
Leave your comment