Figures about retirement savings, divulged by a senior EPF officer a few days ago, should be cause for worry in government circles, enough to inspire efforts to put things right. If not, the country is heading for big trouble.
EPF’s chief strategy officer Nurhisham Hussein said Malaysians who plan to retire in 20 to 30 years from now will need to have a savings of between RM900,000 and RM1 million if they wish to live the rest of their lives comfortably.
