tag:blogger.com,1999:blog-5222663171691806565.post5098759353485450358..comments2009-11-05T07:47:46.705+08:00Michael Tsenhttp://www.blogger.com/profile/11182268410762882679michael.tsen@gmail.comBlogger4125tag:blogger.com,1999:blog-5222663171691806565.post-51770269127581598212009-11-05T07:47:46.705+08:002009-11-05T07:47:46.705+08:00govt only subsidize 5% of your epf contribution for the first 5 years. after that, you are on your own again. so whatever money you save on the 6th year and beyond, its just simple compounding interest.<br /><br />in short, after 5 years, it is NO LONGER attractive to save in EPF anymore.<br /><br />some of my friends are checking out my spreadsheet. most of use &#39;feel&#39; that the returns are too high. But that is the funny thing about EPF, the way they calculate return is not the normal finance formula ...<br /><br /><a href="http://malaysiapersonalfinance.blogspot.com/2009/11/epf-interest-calculation-pro-rated.html" rel="nofollow">that story here</a>Michael Tsenhttp://www.blogger.com/profile/11182268410762882679noreply@blogger.comtag:blogger.com,1999:blog-5222663171691806565.post-32254041502070425252009-11-05T00:11:51.788+08:002009-11-05T00:11:51.788+08:00What a detailed excel sheet!<br /><br />I am self employed. Thanks Michael :)Celine Mookhttp://www.blogger.com/profile/10884255488680195191noreply@blogger.comtag:blogger.com,1999:blog-5222663171691806565.post-73425821694564721992009-11-04T09:45:04.074+08:002009-11-04T09:45:04.074+08:00calculation for this article is <a href="http://spreadsheets.google.com/pub?key=tyT0_7DQSo8UehpCDRGktVQ&amp;single=true&amp;gid=2&amp;output=html" rel="nofollow">here</a>, as for your own case. Do you mean you are saving yourself as a self employ or through your employer ? Then expected salary increment over the years would also affect outcome.Michael Tsenhttp://www.blogger.com/profile/11182268410762882679noreply@blogger.comtag:blogger.com,1999:blog-5222663171691806565.post-47153358860998017862009-11-02T12:49:32.706+08:002009-11-02T12:49:32.706+08:00Hi, I just found your blog and I must say I love reading every of your articles.<br /><br />I am kinda new to personal financing. So I have some doubts reading this article. I don&#39;t understand the how the dividend of 4% will generate RM10,670 in 5 years?<br /><br />Can you calculate for me? Let say I start saving RM100 in my EPF at the age of 24, by year 55, how much can I get in return?<br /><br />Hope this doesn&#39;t trouble you.<br /><br />Thank you :)Celine Mookhttp://www.blogger.com/profile/10884255488680195191noreply@blogger.com