The recommended minimum amount of basic savings at the age of 55 is RM240,000 which allows a monthly withdrawal of RM1,000 for 20 years after retirement.
Source: National Strategy for Financial Literacy, FEN
1) Understand the picture below that shows the retirement money space that needs to be filled based on the questions given.
2) Click on the orange button to Calculate Retirement Money Now!
3) Click "Make a Copy" to make a copy to the Retirement Money Count file
4) Follow the steps given below, and on that file to start counting your retirement money!
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The Fun(d) for Life Portal aims to develop a financially-literate generation. It is an online platform that teaches students, parents & teachers financial literacy in a digital era. It is brought to you by Arus Academy with the support of FWD Takaful.
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