For many Malaysians, retirement feels far away which something to think about “later.” But the truth is, if you’re 35 to 45 today, that “later” will arrive faster than you think. Retirement can last 20–30 years or more, and without proper planning, your savings may not be enough to support you.
Why Most People Aren’t Ready
Not enough savings: 70% of Malaysians have less than RM250,000 in EPF, which is only about RM1,050 per month for 20 years — far below what most people spend.
Relying on one source: Many depend only on EPF, fixed deposits, or one property, thinking it’s “enough.” But inflation, rising costs, and medical expenses can eat away at your money.
No clear plan: People save and invest without a full picture of how much they actually need after retirement.
Common Mistakes at Our Age (Age 35–45)
Thinking there’s plenty of time. In fact, the later you start, the more you must save each month and it gets harder.
Not knowing your numbers. If you can’t answer how much you need monthly after retirement, you’re planning blindly.
Relying too much on “safe” options. Fixed deposit returns may not keep up with inflation, which means your money loses value over time.
What You Should Do Now (Age 35–45)
Know your retirement gap. Work out how much you’ll need and compare it with what your current savings can produce.
Build multiple income sources. Don’t depend only on EPF, diversify with trusts, property, stocks, bonds or even side income streams.
Plan for inflation and longer life. You might live into your 80s or 90s. Your money needs to last.
Take action early. The earlier you start, the less you have to save each month. Waiting too long means higher monthly savings and more pressure.
Conclusion
A comfortable, worry-free retirement doesn’t happen by luck. It comes from clarity, structure, and action. If you’re 35–45, you’re in the perfect window to start.
The earlier you act, the easier it will be and your future self will thank you.