Do the EPF have sufficient fund to pay ?

That why my dad has kids, never ending retirement policy. It’s was me who has no kids going to struggle a lot

It's simple, the government raid all the billionaires politicians and refill the EPF according to the sum needed before retirement...

There is no such thing as retirement in my dictionary, I work until I die.

My advise to my 20s self: buy 1000 BTC and never sell it!!

Its not all doom and gloom. Some people don't want to retire and the whole concept of retirement was only invented in the UK during Victorian times. People figure stuff out despite the Government.

very superb content. makes me realize so many things.

mother better pick up the photo

the people who work in gig economy is increasing.....no career development and risky ......

To crypto community can anyone assist helo can i ask why must keep our crypto in cold or hot wallet not in exchange? in exchange we keep to buy n sell for spot or futures? in luno does not have futures compare to other exchanges. if crypto in already in exchange how to transfer to hot or cold wallet? since Luno is centerlized exchange and regulated, the crypto exchanger is solely responsible and accountable for any loss or missing in the wallet. how is the transcations process? can u do a in depth video? thank you.

I love your content and I agree mostly with what the professor has said. However, whats with the dig against accountants lol. Book keepers going obsolete i can understand but chartered accountants wont be going anywhere soon. But then again, he is an economist and they do have their prejudice against accountants.

and what do you get for doing interviews and subs? is it money? you think you're a angel. utter nonsense

Anyone who falls for something as stupidly named as GIGAMAX deserved to be scammed 😂

Employers also do not want to give good increments and bonuses

The prices of cars and condominiums are ridiculously priced with high bank loan interest rates

I am a Singaporean and my heart really goes out to the Malaysians. Hope things get better for them. They truly needed a govt that look after their welfare. We are also facing inflations in Singapore and cost of housing has gotten so high, even public housing is becoming unreachable for us lower income earners. This is really sad. Many people think that Singaporeans get paid very high salaries, but its not true. Alot of us make minimal or below mininal wages. My pay has not increased since I started working in the company 15 years ago.

Malaysia land of the richest. No worries❤❤❤❤❤. Spend more

21 year old Malaysian here and yeah, I'm cooked

You have the right idea people from other countries should look to you for ideas 🤔

please do another interview on subsidies. That's another elephant in the room

The motto "saving for your old age" is a lie. Simple. If you have 100 000 now, the money not enough to buy food at old age.

What bout children supporting elderly parents? My sisters and I are supporting my parents fully, my neighbor who hardly work most of his life was supported by his brother, p.s. we are middle income families only, ...I think if one live frugal lives, cook and eat at home, no tidbits, buy discount food if available, take public transport, may be try plant own vege, don't mine second hand clothes handbag etc... probably still can survive retirement!

Just wondering why so many people choose to be employees while knowing employers are earning so so much? Why not be an employers so you can be rich owner too.🤔

The future is going to be very tough for many malaysian. I hope the goverment will implement policies that will ease and elevate the people's anxieties and burden. As everybody knows, corruption is one of most critical factor that affects everything and everybody. I hope the government will really tackle this. I am sure solving this issue will helps tremendously to lessen the hardships of malaysian.

How....😢

38.15 Singapore govt works for the pple , while Malaysian politicians grease their own pockets . They don’t look after the men in the street .

They need to introduce a large inheritence tax to reduce the massive wealth gap in Malaysia (possible across ASEAN). Guess what none of these rich people can make money outside of their home countries - then they pass it on to their kids who are mostly useless. Best thing is to imoplement a 50% to 75% inheritance tax to any kids who are usless. And oh yeah the inflation argument is always comical...all u do is look at prices in 2020 and look at them now. Then do the same from 2015 to 2020. Its irrelevant if inflation is down when prices climbed dramatically earlier. People still cannot afford stuff. Lastly - Malaysia prints all the money it needs to make sure people get the 5% for EPF and whatever else...they need..its comical when global markets tank - EPF still delivers 5% how exactly? Malaysia does not borrow because the learned the lesson from 1997 Asian Financial Crisis.

Brilliant video! I liked it. Does anyone know how to help with my situation? I’ve got USDT TRX20 stored in my OKX wallet, with the phrase (clean party soccer advance audit clean evil finish tonight involve whip action). What are the steps to transfer it to BitGet or OKX?

Jaga negara kau sudah la

Thank you Dr, I am happy to see you share your thoughts sincerely and I can tell you really worried about the next generation or perhaps the current retiree in Malaysia. Learned some new perspective from this video. Hope we all can retire in peace and at the same time do the things we love, "so that we don't feel like we are working".

It’s good advices, appreciate it . 🙏

This same situation exists between Italy & Swiss! The Italian however does not have this problem of border! They get in the Switzerland very easily. By car or by train. They work there & come back to their home in some small town across the border where the rent is cheap.

So, if Singaporeans are coming to Malaysia to retire to stretch their dollar, is the solution Malaysians need to retire in other countries to stretch their ringgit? Or just accept their fate to become economic fodder?

My managers make 50- 60ks per month while the majority makes below 3k, barely making ends meet with raising living expenses. On that, their savings's value are decreasing.

Please bring him back to talk about how to manage work for gig workers who don't get a regular salary. Love his unsights and your thoughtful questions.

I'm going to retire when I'm 55 or 56. Can't imagine me still working until 60. Some more our healthy period during the retirement in short. Keeping fit and a healthy lifestyle is also important.

Professor speaks in such a polite way...

why yr 1 yr old video pop up today ? a very sly smile while doing yr promo ...

There’s too many brain dead idiots running the Malaysian gov and I don’t see any change happening in the coming years unless the government is serious enough to implement reforms. the next generation is doomed for Malaysians I would advice the young youths to find find a good career in other country and move for the better then come back to Malaysia for retirement. The ringgit is not gonna get better it will continue to fall as it is devalued since 45 years ago.

Never heard so much nonsense in my life. The sad bit about so call "smart malalaysians" just sucking up to any English guy or western person, treating them as God-like. There are more people living in cardbox boxes in USA than in Malaysia. Do we see 97% of Retired Malaysians living under bridges in cardboard boxes? 😅😅😅

Liar.

Income disparity in Malaysia is very hugh in different profession. A professional employee can afford to retire as his take home pay (thus self investment) and contribution to retirement scheme is much higher than a non-professional employee. Can the government do something on these disparities income?

Bro needs some compression and limiting on the vocals.

not enough money to retire?? Simple just go cry to your MPs and get them to get the government to keep doing handouts nothing new right?

I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for.

Wholesale? Everybody is talking about it? Wdym no one talk?

hello bro..im 16 living in KL and my phone js broke..its an iphone 11 repair would cost me 500rm a new iphone my dream is iphone 13 would be 1700rm on compasia..thing is i have 20 rm 💀😭..could you help me? cashapp? give away ? pls bro

Nice topic sir

Why is Malaysian income so low? Because goods and services are cheap in Malaysia. Why is it that the life style of Malaysians is practically the same as the lifestyle of a Brit despite earning 20% less is because of foods and services are so expensive. Do have a better lifestyle, you need to have higher wages RELATIVELY to the cost of livings. To do that, you need the economy to be growing faster, and the easiest way to do that is to find a sustainable way to grow the population. For those WHO actually know, Malaysia is slowly becoming one of the biggest hubs for digital nomads, not because of the government, but in spite of the government. The trickle down effects of people living in Malaysia by choice is going to be massive and they do so because of the favourable tax policies. Malaysia is going to be trash if you listen to this guy. Less government intervention, not more, is the answer

This guy is stupid as hell. Human beings are all in charge of their own destiny. How can savings more not be good advice. Your life is your own, noone owes you anything