97% Of M’sians Withdraw EPF In Lump Sum At Retirement, Many Left With Less Than RM50k

97% of Malaysians withdraw their entire EPF savings once they hit retirement age. It may sound normal…until you realise most of them retire with less than RM50,000 in their accounts. And that money doesn’t last long. Under current EPF rules, members can fully cash out at age 55 or 60. Almost everyone does so. At a modest … Continue reading 97% Of M’sians Withdraw EPF In Lump Sum At Retirement, Many Left With Less Than RM50k