‘Look beyond EPF for retirement’


PETALING JAYA: While the Employees Provident Fund (EPF) provides the best savings and retirement scheme for private sector workers, economists are advising them to invest in other schemes as well to tide them over.

Economics expert Prof Dr Barjoyai Bardai of Universiti Tun Abdul Razak said people should start investing in endowment schemes, and unit and property trusts to ensure solid growth of their wealth.

CLICK TO VIEWCLICK TO VIEW

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Nation

Floods: Sarawak fully recovers fully as last evacuation centre closes
Minimum of 'C' in four core subjects for all students among targets in new education blueprint, says DG
Lorry driver dies after being pinned between two vehicles in Ulu Tiram
Umno AGM: Akmal a 'good child, though sometimes naughty', 'ayahanda' Zahid says in move to ease tensions
Umno AGM: 'Grand coalition' not a revival of Muafakat Nasional, says Zahid
Umno wants to form grand coalition to unite all Malay parties, says Zahid
Umno proposes law to protect teachers
No govt policies without Umno's consent, says Tok Mat
MetMalaysia issues thunderstorm warning for four states and KL
Deputy says ready to continue implementing initiatives planned with Akmal for Melaka

Others Also Read