Have you ever thought of how much is needed for your retirement? According to the survey by AXA Retirement Scope 2010, most of the Malaysian seems like very aware of the amount of money that they will get after retirement. Actually, this is a good sign as you still know exactly how much you will earn or get after your retirement.
However, there’re many Malaysian do not start their retirement preparation early. Based on my analysis, there’s only 5% of total number of Malaysian are prepared for retirement. And, there are almost 80% of the working adults which in the age range of 25-34 years old think that they are too young to think about retirement, or some of them tend to believe they have enough as they have their EPF savings.