Malaysians will need to have at least RM900,000 to RM1 million (US$218,895) if they plan to retire in 20 or 30 years, according to the Employees Provident Fund’s (EPF) chief strategy officer Nurhisham Hussein. With soaring property prices, stagnant wages, and the rising cost of living, this figure may appear…
KUALA LUMPUR: The Employee's Provident Fund (EPF) will place all contributions into Account 1 in order to replenish the savings of its members who have withdrawn funds to weather the economic effects of the Covid-19 pandemic.