After Hasrul pointed out the many benefits of saving with PRS in Episode 5, Lyn and Raj now know how important it is to save more while they’re young to achieve their retirement goals.
In this series finale, find out how easy, convenient and secure it is to start saving for your retirement from as small as RM100 with PPA’s PRS Online Enrolment service. On top of that, all new online enrolees can enjoy waiver of the one-time PPA account opening fee.
Once you have an account, it is important that you top up your PRS savings regularly using PRS Online Top-Up. With your online account, you can always review and monitor your PRS funds.
So watch this episode and get to know also the other value propositions of saving with PRS.
This “Retirement Planning and Savings with PRS” series is brought to you by Private Pension Administrator Malaysia (PPA), in support of the Financial Education Network (FEN).
IN Episode 4 of “Retirement Planning and Savings with PRS”, Hasrul explains the ease of selecting PRS funds when saving for retirement.
For this penultimate episode, learn about the importance of performing a self-assessment before starting a PRS account as Lyn and Raj consider whether their risk appetite and investment objectives align with their life stage and needs.
Find out also from Episode 5 about how the tax relief, nomination features and pre-retirement withdrawals for housing and healthcare provides you the flexibility in planning for your retirement wellbeing.
So, take advantage of the many benefits of PRS by starting now from as small as RM100 with PPA’s PRS Online service.
This series is brought to you by Private Pension Administrator Malaysia (PPA), in support of the Financial Education Network (FEN).
YOU would probably have an idea of approximately how much you need to save for your retirement after watching Lyn and Raj use the PPA retirement calculator in Episode 3.
If you’re now considering saving additionally in PRS to supplement your retirement savings, you might wonder which PRS fund to choose.
As a well-structured and regulated scheme designed to make saving for retirement easy for you, consider the Default Option which puts your savings on the Automatic Glide Path. This unique feature of PRS manages your funds based on your age group.
Or if you prefer, you can also perform self-selection from a total of 57 funds offered by the eight PRS Providers. There is further flexibility for you to switch or transfer funds that will help you meet your retirement savings goal.
Tune in to Episode 4 to learn about fund selection and more.
“Retirement Planning and Savings with PRS” is a six-part weekly video series brought to you by Private Pension Administrator Malaysia (PPA), in support of the Financial Education Network (FEN).
FOR Episode 3 of this six-part weekly video series brought to you by Private Pension Administrator Malaysia (PPA), in support of the Financial Education Network, find out how PPA’s retirement calculator can help you to plan for your retirement.
All it takes is filling in simple basic information about yourself and the retirement calculator will generate an accumulation plan - based on a few assumptions, to show you how much you need for your retirement savings.
Knowing how much you need in advance will go a long way in ensuring you get to enjoy a financially secured retirement.
Private Retirement Schemes (PRS) is a voluntary long-term savings and investment scheme designed to help you save more for retirement.
HAVE you thought about your retirement plan?
Many of us wish to retire comfortably but that’s not possible if we do not have enough saved up when the time comes.
This is Episode 2 of a weekly six-part video series brought to you by Private Pension Administrator Malaysia (PPA), in support of the Financial Education Network (FEN).
As saving for the long term requires early planning, catch up with Hasrul, Lyn and Raj on this week’s episode above to learn more about how the Private Retirement Schemes (PRS) enables Malaysians to save for their retirement under a well-regulated and structured framework with eight PRS providers.
IT IS never too early or too late to start planning for your retirement. If you’ve only been making monthly contributions into a mandatory scheme from your salary, there’s a chance the amount saved may not be enough to fund your retirement when the time comes.
For starters, a useful question to ask is how much money you need to retire without compromising on your desired lifestyle.
This is the question Hasrul posed to his younger colleagues, Lyn and Raj, in “Retirement Planning & Savings with PRS, ” a six-part video series brought to you by Private Pension Administrator Malaysia (PPA), in support of the Financial Education Network (FEN).
In the series opener above, find out the recommended formula to save each month to retire comfortably. Watch the video as the three colleagues talk about saving and planning for the future.
New episodes are released every Friday so tune in to Episode 2 next week as Lyn and Rajlearn what makes PRS a compelling proposition for retirement savings.
