Some senior citizens find that they have to continue working as they do not have enough savings to retire. Photo: Filepic
Senior marketing executive Alila Muhammad did not know how much she could accumulate in her Employees Provident Fund’s (EPF) savings account till she sat down with the fund’s Retirement Advisory Services (RAS) officers recently.
“It was a pleasant surprise to find out that I will have over RM1mil after I’m 55 ... that is if I don’t make any withdrawals any from my Account 2 (permitted for down payments or loan settlements, finances for education and medical expenses) in the next 14 years.
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