According to the Employees Provident Fund (EPF), you will need to save at least RM240K by the time you retire to cover basic needs such as food and daily costs. Unfortunately, more than 70% of its members didn’t meet the requirement based on this year’s calculation. There are many ways to start saving for your retirement but only a few have done it and still, a lot have no ideas what to do. The most common recommendation is you set aside 20% of your salary and look for savings options that generate high interest such as fixed-deposit accounts or the other option is Private Retirement Scheme (PRS). There are a lot of ways out there to diversify your retirement funds. Do you want to know more?

If you care to live a comfortable life after your retirement, you don’t want to miss Financial Freedom Series with Uncle Robin this Thursday, 7 July 2022 at 9pm. REGISTER NOW for FREE at linc.astroawani.com

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