THE increasing cost of living has affected Malaysians from all walks of life with the main concern being inadequate retirement savings. Even those who have funds for investments have not been spared.
Based on Employees Provident Fund (EPF) data, over 90,000 members out of 8.5 million in 2023 could be termed as potential investors seeking replacement income, as they had more than RM1mil in their retirement savings accounts.
