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 …
Most government pharmacists pick pension without thinking twice. But EPF can actually come out ahead — if you know exactly what to do with it. When Amy signed her appointment letter as a government pharmacist two years ago, she had a choice to make. Pension or EPF? Almost every senior colleague she asked said the …
If you follow the standard career trajectory in Malaysia, you enter the pharmacy workforce as a Provisionally Registered Pharmacist (PRP) at age 23 or 24. By the time you reach 55, you will have dedicated over three decades to dispensing medication, managing inventory, reviewing clinical charts, or scaling a retail business. But will your retirement …
You studied for years, navigated the PRP year, and finally built a stable career as a pharmacist. You’re earning a decent salary, contributing diligently to EPF every month — and somewhere in the back of your mind, you assume that by the time you hit 60, the EPF savings will take care of you. But …
Your salary looks decent on paper. But inflation is quietly doing something your payslip doesn’t show you. You studied for four years. You passed your board exams. You work long shifts, counsel patients, manage drug interactions — and you earn a decent living for it. So why, at the end of the month, does it …
