Private Pension Administrator (PPA) chief executive officer Husaini Hussin said as people progress in their careers, there will be salary increases and performance bonuses. With it comes a change in lifestyle and considerations must be made on ways to sustain this during the retirement years.
PETALING JAYA: Malaysian millennials are already planning for their golden years, with about one in every three private retirement scheme (PRS) members aged below 30.
As of June 30, these financially-savvy youths made up almost 27% of the total number of PRS contributors – an increase from the 20% recorded in March.
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