![Govt to find ways to reduce people's financial stress without withdrawing EPF savings Govt to find ways to reduce people's financial stress without withdrawing EPF savings](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2023-02/61675917910_AnwarIbrahim.jpg)
Govt to find ways to reduce people's financial stress without withdrawing EPF savings
Anwar said the people had already been allowed to make several EPF withdrawals before, which caused their retirement amount to decline.
Thu Feb 09 2023
![Govt should not allow further withdrawal from EPF, retirement saving is vital - MEF Govt should not allow further withdrawal from EPF, retirement saving is vital - MEF](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2021-12/41639532752_syedhussainsyedhu.jpg)
Govt should not allow further withdrawal from EPF, retirement saving is vital - MEF
The MEF said there should not be any more withdrawal schemes from the EPF savings prior to its members reaching their retirement age of 60 to ensure they have adequate savings.
Wed Dec 15 2021
![Only 3 pct of Malaysians can afford their retirement, says EPF Only 3 pct of Malaysians can afford their retirement, says EPF](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2021-10/71635682709_kwsp.jpg)
Only 3 pct of Malaysians can afford their retirement, says EPF
The COVID-related withdrawals over the past two years have had a massive impact on the savings of EPF contributors, as currently, only three per cent of contributors can afford their retirement.
Sun Oct 31 2021
!['Leaving just RM100' - 30 per cent of EPF members withdraw almost all of Account 1 savings 'Leaving just RM100' - 30 per cent of EPF members withdraw almost all of Account 1 savings](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2019-02/81550468515_TunkuAlizakriAlias.jpg)
'Leaving just RM100' - 30 per cent of EPF members withdraw almost all of Account 1 savings
"We find that many members' savings have decreased, we believe about 30 per cent of them have withdrawn almost all of their retirement money in Account 1."
Sat Feb 27 2021
![Diversify investments for higher retirement savings Diversify investments for higher retirement savings](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/http://img.astroawani.com/2016-12/71482932128_Oldpeople.jpg)
Diversify investments for higher retirement savings
Those wanting to maintain a comfortable life during old age will certainly have made the necessary financial planning for their retirement years, but with inflation and rising cost of living, they rem
Wed Dec 28 2016
![EPF concerned with subscribers running out of savings too soon after retirement EPF concerned with subscribers running out of savings too soon after retirement](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/http://img.astroawani.com/2015-08/61438850296_familycomputer.jpg)
EPF concerned with subscribers running out of savings too soon after retirement
many subscribers ran out of their EPF savings within three or five years after their retirement although the life span for Malaysians had increased to 75 years.
Wed Dec 28 2016
![EPF helps members plan their retirement EPF helps members plan their retirement](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/http://img.astroawani.com/2015-08/51440746570_kwsp.jpg)
EPF helps members plan their retirement
In January 2017, Shahrudin Ahmad will turn 55. Hence, he will be eligible to withdraw his savings from the Employees Provident Fund (EPF) though he has another five more years before he retires.
Wed Dec 21 2016
![Woo contributors with better retirement plans Woo contributors with better retirement plans](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/http://img.astroawani.com/2012-12/81356103971_295x200.jpg)
Woo contributors with better retirement plans
The Employees Provident Fund is urged to come up with better retirement plans for contributors in their retirement years.
Wed Apr 22 2015