Is EPF meant for old age contributors or mean for ailing company?
http://thestar.com.my/news/story.asp.../11313962&sec=
Now, should I reduce my contribution for the betterment of my old age.
Budiman
Is EPF meant for old age contributors or mean for ailing company?
http://thestar.com.my/news/story.asp.../11313962&sec=
Now, should I reduce my contribution for the betterment of my old age.
Budiman
Did you not read about the way EPF finance their purchase of properties in UK recently? He he... I have withdrawn half out oledi so I can sleep soundly like Sarkozy on Bruni....
He who knows, knows he knows, he is wise;
He who not knows, not knows he knows not, he is a fool;
He who knows, not knows he knows, he is asleep, wake him up!
- Confucius
Budiman
How did u withdraw so much?Originally Posted by SiangMalam
Anyway, I sort of hv faith in EPF before this, and has increased my total contribution to 30%, I hv a friend hv a total contribution of 57% leaving just enough for daily expenses. For people like me who is not good in investment, EPF seems to be a viable option for retirement planning.
However, looking at the way things are going, Najib seems to be doing everything and anything at all cost to maintain his power. Since he is running the government, whatever he did, doing, at the end of the day, there is only one loser- the rakyat- the tax payers, EPF cotributors, may be later the SOCSO contributors.
Budiman
The risk of leaving your money (if it is your choice) is that they might change the laws e'g' instead of allowing you to withdraw the entire amount at 55 they might extend the retirement age to say 60 and you can only take all of it out when you are 60 or they might convert your entire sum to a pension scheme. It can all be done with a stroke of the pen and if you are depending on the money for a specific purpose then you are screwed.
Budiman
He He...Good for you.....I did mine sometime back
.....
BTW, Anyone having difficulty understanding what the heck is going on???....maybe this song will help....Rollin rollin rollin...Rollin rollin rollin
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