Ong says although Malaysians are aware of the need to prepare for retirement, many are not taking proactive measures to ensure they have enough savings to live comfortably when they retire. For example, how to determine how much they need as well as how much extra to save.
THE saying that people spend more time planning for holidays than their retirement rings true for Malaysians.
Private Pension Administrator Malaysia CEO Datuk Steve Ong said although Malaysians are aware of the need to prepare for retirement, many were not taking proactive measures to ensure they had enough savings to live comfortably when they retire.
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