EPF ‘inadequate for retirement’


  • News Premium
  • Tuesday, 23 Feb 2016

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.

Article type: metered
User access status: 3
Join our Telegram channel to get our Evening Alerts and breaking news highlights

Career , Central Region , Miksa , Allianz , retirement

   

Next In News

Tiger allegedly spotted in Kemensah Heights, Perhilitan called in Premium
LRT train breaks down at KL Sentral Premium
Aug 30 verdict on RM100mil suit by Altantuya's family Premium
After Anwar, Najib now wants to debate Kit Siang Premium
Datuk nabbed in crude palm oil sales tax evasion case Premium
Russian soldier in Ukraine war crimes trial says he did not want to kill Premium
Govt guarantees only disease-free cattle will be imported for Aidiladha Premium
Teacher says sorry for 30-lap run around volleyball court punishment Premium
Struggling in Ukraine, Russia paves way to sign up over-40s for army Premium
U.S. House Speaker Pelosi warns Britain: No trade deal unless you respect N.Irish peace deal Premium

Others Also Read