Insight - Reality of retirement savings crisis


Lee Heng Guie(pic): Data showed that many Malaysians are in danger of not having enough savings to maintain their minimum standard of living during retirement. The problem is getting worse over time and a retirement crisis is brewing.

The retirement golden years of millions of Malaysians will be significantly tarnished by the lack of savings.

Data showed that many Malaysians are in danger of not having enough savings to maintain their minimum standard of living during retirement.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Capital A completes disposal of AirAsia aviation units
Bursa Malaysia grants Pimpinan Ehsan until June 30 to submit regularisation plan
Vestland secures RM602mil construction contracts
Kenanga Investment revises 2026 GDP growth forecast to 4.5%
Ringgit ends marginally lower as greenback gets lift from positive US economic data
Exsim’s unit gets RM2.36mil job in an RPT deal
TH Plantations-Cenergi power plant boosts waste-to-energy solutions
MN Holdings wins RM122.7mil contracts for data centre power works
M&G enters JV to expand vessel maintenance and repair services
Binastra wins RM1.18bil building, infrastructure contracts in Johor

Others Also Read