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News

EPF ‘inadequate for retirement’

Miksa says retiring at the age of 55 requires a private savings rate of 18 to raise retirement income to a total replacement rate of 70.

HOW long one’s money lasts in retirement is a pivotal question to retirement planning.

In Malaysia, the answer is: not long enough, said Allianz Asset Management AG International Pensions head Brigitte Miksa.

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Career , Central Region , Miksa , Allianz , retirement

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