
When I read the local newspaper, The Star, yesterday… I thought it was something that I needed to share with all my blog readers and do some good in preparation for your retirement. Although the case study and story are based on what’s in Malaysia, you can be sure that it happens in all other countries (only the numbers and percentages might change slightly). For those who are not from Malaysia, EPF=Employee Providence Funds and RM1 is about USD$1/3.4. Here’s what’s on the front page of the newspaper: Can You Retire? Trends [+] People are living longer - life expectancy for women is 76 years and men 72[+] They are marrying and having children later. At retirement age, the children are still in school or university[+] 70% of retirees use up...