Start saving for retirement early in your working life

  • People Premium
  • Friday, 11 Nov 2016

Financial consultant Rohani Mohd Shahir said everyone needs to save or invest at least 20 of their salary. Photo: The Star/Samuel Ong

Retired clerk Rajasivam Krishnan, 72, withdrew RM120,000 from his EPF account after his retirement 17 years ago. As retirement savings go, the amount was not enough.

But Rajavisam and his wife have managed to live comfortably as they have other sources of income, such as his wife’s pension and their children’s monthly contributions.

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