Is the number in your EPF enough for retirement?

-

How much will your EPF be worth down the road of 10 years, 15 years or 30 years from now?

For example: A IT gradurate started his career as an IT consultant at 24 years old with a starting pay of RM2300 per month. Contractual bonus is one additional month. The average salary increase during his lifetime is estimated at 10% per year. EPF pays an average annual dividend of 5% p.a. His contribution to EPF is 11% of your salary and 12% is contribution from his employer. How much will his get when his retire at age 55?

Well, you can use half an hour to complete that in excel sheet. Or you can simply use the calculator that RHB offer.

http://www.rhbbank.com.my/calculators/epf_contribution.shtm

Comments

Post a Comment

Popular posts from this blog

Another trip in process. [edited]

-
This following detail are all depart from 17th,18th dec and return at 23th or 24th dec Macau RM 392.98 Bali RM 302.98 Bangkok RM 282.98 Phuket RM 202.98 Hat Yai RM 182.98 Kota Kinabalu RM 119.98 Kuching RM 99.98 Langkawi RM 79.98 ** it's a return ticket. **Include everything [tax & fuel surchange]. BUT NOT THAILAND AND INDONESIA. **For any thailand airport, it charge THB 500 [RM 45.8046], just add this THB500 into those thailand destination. **For any Indonesia airport, it charge RB 100 000 [RM 37.5931], just add this RB 100 000 into those Indonedia destination. ** YOU HAD TO ACT FAST TO GRAB THIS TICKET.
Read more

Ethos, pathos, and logos

-
Ethos, pathos, and logos are super useful tools, especially if you want to get better at persuasion, writing, or even just understanding how people make arguments. Here’s a simple breakdown: Ethos = Credibility It's about convincing your audience that you are trustworthy or an authority. Example: “I've been a dentist for 20 years — trust me when I say this toothpaste works.” Pathos = Emotion It's about stirring your audience's feelings — fear, joy, anger, sadness — to persuade them. Example: “Imagine the pain your child feels with every cavity because you didn't choose the right toothpaste.” Logos = Logic and Reason It's about using facts, data, or logical arguments. Example: “Clinical studies show that this toothpaste reduces cavities by 60% within six months.” Together, they’re like a full toolkit: Ethos makes people trust you. Pathos makes people feel something. Logos makes people think logically.
Read more

small effort, big satisfaction

-
Image
What is the best solution for extremely HOT weather *last week*. Tong Sui, of course. So, we went shopping around and decided Loh Hon Goh [罗汉果] and Fan Shu Tong Sui [ 蕃薯糖水] will be real ez to cook. Indeed. Its THAT simple and ez. +++++++ Loh Hon Goh [L.H.G] 罗汉果 1. Of course, a bowl. 2. Loh Hon Goh, 罗汉果 . Because only 2 of us, so we only need one L.H.G. We bought 2, only cost us like rm1++. 3. A pack of Mi Jao，蜜枣. Cost us like rm2+. 4. A pack of dry Longan. RM2.50. * you can have 海底椰 and 雪耳 too* 5. Tear off the 罗汉果. 6. Put everything inside the bowl. one teared apart 罗汉果, half pack of longan, 10 pieces of 蜜枣. and also the last and the most important element-- water. 7. Boil it for an hour. *my kichten is kinda dirty, i know it well* 8. WAH LAH. there u go. **** by default, no need to add in any sugar as the 蜜枣 are sweet enuf. but u can always control the sweetness by added water and sugar. +++++++++++++++++ 蕃薯糖水 1. Cut all the sweet potato into pieces. Cut those purple and orange into b...
Read more