Perils of an underdeveloped social protection system | The Malaysian Insight themalaysianinsight.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from themalaysianinsight.com Daily Mail and Mail on Sunday newspapers.
How To Save Money In Malaysia? malaysiandigest.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from malaysiandigest.com Daily Mail and Mail on Sunday newspapers.
SAVING for your retirement is a lifelong journey. Against the backdrop of the Covid-19 pandemic, many Malaysians have to put saving for their retirement on hold as they juggle present financial challenges.
A survey conducted by the Private Pension Administrator (PPA) Malaysia last year found that the pandemic has increased awareness on retirement planning – 80.1% of respondents admitted to rethinking their retirement plans and goals, 30% plan to increase their retirement savings in 2021 and 19.2% want to start saving or revert to their usual savings amount once their finances are more stable.
With the current pandemic putting a pause on retirement savings and causing personal finances uncertainties, how can you put your retirement plans back on track during these times?