The debate of EPF’s importance is constantly ongoing, especially after the government is deciding whether they should stop the advance withdrawals or not. An anonymous person uploaded their EPF savings which is to be a whopping RM1.4 million, making a dividend of RM72,000 a year.
RM1.4 million EPF
The Twitter user then posted the background of the guy, who is currently in his early 50s. He initially earned RM1,800 and now earns RM23,000 a month. Netizens however, state that he did not live the life many want in his 20s.
Advice is given to the younger generation to live and travel while they’re still young. Others are in awe at how much the 5% compound interests can give a person after a few decades. Many others are still wary as a strong disease can easily wipe out the savings due to medical bills.
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