Rule of thumb is to save/invest extra 10% salary into Private
Retirement Scheme (on top of 23% in EPF) in order to have a 2/3 of
income replacement for your comfortable retirement lifestyle
#retirement #moneymastermy #finfreedom #PRS #EPF #financialplanning #money
How much do you need to save enough for your retirement?
Dato Steve Ong says, "You will need to save 1/3 (or 33%) of your monthly income to replace 2/3 (67%) of
your income for your retirement. The good news is that you are already
saving 23% with EPF - You just need to save an additional 10% in PRS!
No comments:
Post a Comment