ABCs of Personal Finance – Page 19

woman in white long sleeve shirt standing near white and gray house during daytime

ABCs of Personal Finance

EPF News: When we are 54 years old, how much should we have as retirement fund?

Malaysians on average will live to nearly 80 years old. In other words, we do need a lot of money to sustain us after we retire at… 60? Or perhaps just work till 70, then it’s easier too. It’s a choice if we remain healthy and able. Okay, what’s the reality on the ground. Do Malaysians actually have enough funds to retire? Perhaps we look at how much a 54 year old Malaysian has in their EPF account? That should give us an idea of the life post-stable income years.

ABCs of Personal Finance

Personal Finance 101: Car Resale Value is important! Right? Which car depreciates least?

Personal Finance 101: Car Resale Value is important! Right? Which car depreciates least? Do you buy your car based on how much it depreciates? Actually,

ABCs of Personal Finance

EPF News: Retirement savings up to RM512,500 with Progressive Wage Policy

Let’s be honest. Every working Malaysians would want to have higher salary every year; salary increments. Even if I am an entrepreneur, I also want to have a higher pay for myself every year versus the year before. Typical salary increments are usually said to be between 3-5 percent. Well, except for some talents who are harder to find and thus may be able to demand a salary increment which is many times higher. Else, 3 to 5 percent does seem like the typical.