A pharmacist client — a 29-year-old working in Johor — asked me a version of this question last month: “I have an extra RM500 a month. My colleague says just put it all in ASB. My friend who’s into investing says unit trusts will grow faster. Who’s right?” Both of them, actually — depending on …
Ask any young government pharmacist why they chose to stay in public service after completing their PRP and compulsory service, and you will almost certainly hear the same answer: “The pay is stable, and at the end of the day, I have a government pension for life.” It is comforting to believe that decades of …
A pharmacist I spoke with recently — a hospital pharmacist in her late 20s — told me something that stuck with me. “I’m not tired because of the workload,” she said. “I’m tired because I’m always doing math in my head. Rent, car loan, how many days until payday, whether I can afford to say …
Two pharmacists graduate in the same cohort. One takes a posting at a government hospital. The other joins a retail pharmacy chain. Ten years later, only one of them has a retirement plan — and it isn’t the one you’d expect to be worried. Private Sector Pharmacist? Here’s Why Your Retirement Plan Needs More Than …
As a pharmacist, you are trained to handle immense complexity. Whether you are managing ward rounds in a hectic public hospital (KKM), supervising senior retail staff at a community pharmacy, or cross-checking dosage levels under intense pressure, your attention to detail is your superpower. Because of this, many pharmacists carry a core belief when it …
Ashraf, a community pharmacist at a retail chain in Klang Valley, noticed a new line on his June payslip: SKBBK — RM31.50. A quick WhatsApp to his pharmacist group chat told him it was something to do with SOCSO and accidents. Half the group said to keep it. The other half said to opt out …
A client of mine — let’s call her Annie — is a 31-year-old private hospital pharmacist in Selangor. Solid salary, diligent EPF contributor, even started a small unit trust portfolio last year. By most measures, she is doing the right things. When I reviewed her insurance, I found she had a medical card with an …
Farhana, 32, has been a pharmacist at a private hospital in Petaling Jaya for six years. Her EPF app now shows three accounts instead of two — Akaun Persaraan, Akaun Sejahtera, and a new one called Akaun Fleksibel, sitting at RM5,000 and climbing every month. A colleague in the pharmacy told her she could withdraw …
Pharmacy owners in Malaysia sit at the top of the income ladder. But the most common — and most costly — retirement mistake they make is one that neither salary nor revenue can fix. Ask a pharmacist-entrepreneur how their retirement planning is going, and you’ll often hear some version of the same answer: “I’m fine …
You can out-earn your government counterparts within a few years. But when you retire, there’s no pension, no gratuity, and no Kad Pesara waiting for you — just whatever you’ve built yourself. Ask a government pharmacist and a retail pharmacist who has the better deal, and you’ll get two very different answers. The government pharmacist …
