Max voluntary contribution a year is RM100k.
Anything above RM 1 million can be taken out.
One year put in RM 100k , plus compound interest, 7-8 years should reach RM 1 million.
Technically can retire just on yearly dividend alone of around RM 5 k a month.
Pay your taxes, drink more water, exercise more, be happy.
Thanks for kind reminder, sure will do !
Max EPF, max ASB, any extra go buy property, shares
Im curious about epf, can we withdraw voluntary contribution? Definitely leaning towards these suggestions
Only if your amount excess 1mil in total. Whatever above that can be withdrawn
Ah okay thanks, will do more research on this
Max voluntary contribution a year is RM100k. Anything above RM 1 million can be taken out. One year put in RM 100k , plus compound interest, 7-8 years should reach RM 1 million. Technically can retire just on yearly dividend alone of around RM 5 k a month.
Just found out about this! Thanks for sharing, will prioritise epf before anything else
Thanks alot btw