PETALING JAYA: The Employees Provident Fund’s (EPF) revised benchmark of RM1.3mil in order to enjoy a comfortable retirement has raised concerns as to whether most Malaysians can achieve ­adequate savings. For operations manager, Samantha Khor, 47, the higher target feels like a wake-up call rather than a shock. “I’m more than halfway there, but RM1.3mil still feels like a stretch, especially with children’s education, housing loan and daily expenses,” she said. Senior accountant Alex Mok, 43, echoed similar concerns, ­saying the jump from RM1mil to RM1.3mil feels like the goalposts have moved at a time when expenses are at their peak. But after daily expenses, medical bills and helping my children when needed, the money goes faster than expected,” he said.

Source: The Star January 14, 2026 00:34 UTC