PROTECTING YOUR RETIREMENT AGAINST INFLATION IN MALAYSIA’S ECONOMY
Protecting Your Retirement Against Inflation in Malaysia’s Economy The effect of inflation to retirement fund In Malaysia, many people are waking up to a harsh reality: inflation is eating away at their retirement savings , leaving them with much less than they had anticipated. What many don't realize, however, is that this problem has deeper roots—roots that stem from a lack of financial education and poor decision-making . For years, the Employees Provident Fund (EPF) has been the cornerstone of retirement savings for Malaysians, but in the face of inflation, the value of money saved in EPF has significantly diminished, making it less effective in securing a comfortable retirement. This issue is compounded by inflation , which not only erodes the purchasing power of money but also contributes to the rising costs of living. Together, they form a perfect storm, leaving many Malaysians vulnerable to a retirement disaster. How to beat inflation in Malaysia The content of this blog i...