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 didn‘t go through years of medical or pharmacy school to be broke. Yet, here you are: juggling shift work, on-call duties, and perhaps a growing sense that your financial life is on autopilot—or worse, stuck in survival mode. In my work with Malaysian healthcare professionals, I meet two distinct mindsets. There’s the houseman desperate …
I had a consultation with a senior healthcare professional last week. Let’s call her Dr. Aina. She is 55 years old, at the top of her field. Her days are long and her schedule is full. When she sat down in my office, she didn’t want to talk about expanding her practice or opening a …
The news is in: the Employees Provident Fund (EPF) has announced a dividend of 6.15% for both Conventional Savings and Shariah Savings for 2025 . If you’re a healthcare professional in Malaysia—whether you’re a nurse working 12-hour shifts in a government hospital, a pharmacist managing a busy community pharmacy, a physiotherapist building your own patient base, or a dentist juggling a …
i-Saraan is a voluntary contribution facility introduced by EPF to receive Special Incentives from the Government for retirement purposes, subject to the terms and conditions. It is primarily targeted at Malaysian citizens below 60 years old who are: Key Features & Benefits How to Register & Contribute Contribution Strategy to Maximize Benefits To get the …
You’ve done everything right. You’ve worked hard, saved diligently in EPF, and maybe even built a sizable investment portfolio in unit trusts. You’ve crunched the numbers, and you’re confident that your RM 1.5 million nest egg is enough to support your retirement. But what if I told you that a hidden risk could derail your entire retirement …
For generations, the Malaysian retirement dream was simple: work until 55 or 60, withdraw a lump sum from the Employees Provident Fund (EPF), and live out one’s golden years peacefully. However, this paradigm is being shattered by a silent but powerful threat: longevity risk—the risk of outliving your savings. The Perfect Storm: Rising Life Expectancy and …
