All Articles With Category : Retirement

The latest and the best financial news, tips and tricks.

How To Tell If You Will Be Broke By Your 60s?

Thanks to the slower economy in the past two years, many working Malaysians are starting to acknowledge the importance of budgeting or at least, saving more money! For those who are still not certain if they are on the right path to achieve financial freedom, you need to know the signs that indicate that you […]

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A Beginner’s Guide to Will Writing in Malaysia [UPDATED]

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  • September 14, 2017

*Updated on 14th Sep 2017 None of us has the power to predict the future. So, for peace of mind, and to ensure your family and loved ones will get what is rightfully theirs, here is a guide to help you identify what you should know about will writing and surat wasiat in Malaysia.

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Berapakah Jumlah Simpanan Anda Perlu Menjelang Usia 30 Tahun?

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  • August 2, 2017

Memiliki simpanan sebagai merupakan aspek penting dalam pengurusan kewangan peribadi. Tindakan ini ialah langkah pertama dan termudah untuk membina portfolio kewangan sebelum beralih ke komponen yang lebih kompleks, seperti pelaburan, pengurusan hartanah, dan memulakan perniagaan sendiri. Bagi generasi millennial yang bakal memasuki usia 30an,  dan masih tidak tahu bagaimana untuk mula menyimpan wang, panduan dibawah […]

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Put Your Kid Through College or Save for Retirement?

They seem so small and innocent when they’re young but soon enough your children will start to play a significant part in your financial life. The cost of raising a child in Malaysia can easily rack up to RM 500,000 and that’s not even taking into account the cost of college.

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How Much Should You Have In Savings by The Age of 30?

Having savings as a financial buffer for yourself is a crucial part of personal finance. It is the first and easiest step towards building your wealth before going into other personal finance components that are more complex such as investing, property (asset) management and building your own business (income).

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Sebab Rakyat Malaysia Perlu Menyimpan Wang Bermula Sekarang

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  • March 22, 2017

Tahukah anda ramai rakyat Malaysia meminjam wang dari membuat simpanan? Ketahui jenis simpanan yang anda perlu ada dan kepentingannya.

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What CAN You Do With Your EPF Savings?

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  • January 18, 2017

Do you know the rights you have over the retirement money you save in your EPF account? CompareHero.my spoke to Puan Balqais Yusoff, Head of Strategy Management Department in EPF to help answer some of the common questions we have.

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Carry Out A Reality Check on Your Retirement Goals

In my previous article in November 2016, I wrote about the important elements involved in setting retirement goals. You shall first identify the preferred lifestyle you want to live on during your retirement. You can then start working on the estimated retirement fund you need to have enabling you to live the life in the […]

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Use i-Akaun for a Quick and Easy Way to Manage Your Retirement Savings

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  • December 13, 2016

Did you know that you can manage your retirement savings at your fingertips? If you didn’t, you need to jump on the bandwagon. If you think saving your retirement is a tough task, think again. With so many online services offered, you can now keep track of your retirement goals and live the dream of […]

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Setting Retirement Goals

When it comes to retirement, the very first question people often ask is usually related to a number of funds one needs to accumulate for retirement. “How much should I have upon retirement? What is the minimum retirement fund for me to retire comfortably?”.

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Be A Retirement Hero By Saving Up Today

Based on our recently published article To Malaysians, From Malaysians: Do Better For Your Retirement, it appears that many local senior citizens are confronted with the very real difficulties from a lack of retirement savings.

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Simpanan Shariah KWSP: Pelbagaikan Simpanan Persaraan Anda

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  • November 4, 2016

Baru-baru ini, Kumpulan Wang Simpanan Pekerja (KWSP) telah memperkenalkan Skim Simpanan Shariah yang dikatakan memiliki pulangan yang lebih stabil.

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To Malaysians, From Malaysians: Do Better For Your Retirement

Ongoing arguments about the rising cost of living, stagnant wage growth, unhealthy levels of debt per household, and unemployment issues continue to heat Malaysians up on daily basis. However, it seems that we are still not shaken by the fact that the majority of Malaysians are not financially prepared to survive once our main income […]

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Here’s Why Saving Money Now Is Important For Every Malaysian

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  • September 22, 2016

Did you know that most Malaysians are borrowing more money than saving it? Learn about the types of savings you MUST have and the reasons why.

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EPF Brings Simpanan Shariah: Diversify Your Retirement Savings

EPF is introducing Simpanan Shariah to the mass market, claiming to have more stable returns. The only catch is, once you opt for the fund, there is no going back. Comparehero.my states out the alternatives to diversify your retirement savings, just in case.

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Why You Should Not Reduce Your EPF Contribution

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  • February 19, 2016

Don’t get too excited at the prospect of having some extra cash in your hands. Check out these reasons why you should not reduce your Employees Provident Fund (EPF) contribution!

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5 Ways to Mess Up Your Retirement Plans

The Employees Provident Fund has set standard minimum savings at age 55 to be MYR 196,800. This means that retirees won’t fall below poverty level at the age of 55, as they will be getting MYR 820 a month for 20 years. But is this enough to sustain you and your family after you retire? Or […]

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