Private Retirement Schemes : Will you have enough to retire?

Everyone deserves to look forward to a happy and financially secured retirement after many years of working. To be financially secured at retirement, you will need to save adequately in order to provide 2/3 of your last drawn salary to continue the same lifestyle you have become accustomed to.

Retirement Calculator

Find out how well-prepared you are and what you can do to improve your retirement outlook with the calculator below.



* Life expectancy = 80 years old
* Estimated annual inflation rate = 3.0%

Calculator Powered by iMoney

How much do I need to save for a more financially secured retirement?

Monthly income post retirement (2/3 of last drawn pay)

RM 80,000

Total amount needed for retirement

RM 14,424,873

Learn how you can save and invest to accumulate the above sum for your retirement with the full PRS retirement calculator.

PRS is a voluntary long-term investment and saving scheme, designed to help you save adequately for retirement. PRS offers the safest, most flexible and regulated retirement saving scheme to accumulate your retirement funds. PRS is made available to all Malaysians who are employed and self-employed.

Commonly asked questions about the Private Retirement Scheme (PRS)

What is PRS?

PRS is a voluntary long-term investment scheme designed to help individuals accumulate savings for retirement. PRS seek to enhance choices available for all Malaysians, whether employed or self-employed, to voluntarily supplement their retirement savings under a well-structured and regulated environment. Find out more about PRS here.

Who is eligible to participate in PRS?

Any individual who has attained the age of 18 years as of the date of the account opening of a private pension account may make a contribution to any fund under the PRS. The PRS is offered to both Malaysians and non-Malaysians. Find out more about investor eligibility here.

How do I contribute to PRS?

You can make regular contributions or lump sum contributions to PRS. Please note that there may be differences in the minimum initial contribution amount and subsequent contribution amount and this may differ amongst the PRS Providers. Learn more about providers here

What are the government incentives provided for PRS contributions?

How do I monitor my PRS account?

Upon opening a PRS account with a Provider, you are automatically enrolled as a lifetime member of PPA. PPA members are given an online account, which features a single consolidated view, to enable members to view their investment details, check transactions and have access to performance reporting 24 hours a day. More info about PRS membership here.