The Employees Provident Fund is the main source of savings for nearly all Malaysians in the private sector.
KC Lee, who is in his 60s, lives about as healthily as a person his age can. He doesn’t drink or smoke or indulge in bad habits like gambling.
Although he retired 10 years ago, he continues to work part-time to keep his mind agile. He also hopes that the income received will help stretch his retirement nest egg a little longer and supplement his twice-a-year travel plans. To keep healthy, Lee plays badminton once a week with friends, something he’s done for the last 30 years. His wife, a housewife, takes care of his diet and checks his blood pressure at least once weekly.
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