Workers should have EPF savings of at least RM240,000 to retire gracefully, says Ahmad


KOTA BARU: Workers in the country should have Employees Provident Fund (EPF) savings of at least RM240,000 by the time they reach the age of 55 to enable them to retire gracefully, according to Deputy Finance Minister Datuk Seri Ahmad Maslan.

He said the estimated savings would enable someone to sustain life for 20 years after retirement, with an expenditure rate of RM1,000 per month.

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Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

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EPF , Ahmad Maslan , contributors , i-Saraan , retirement

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