WorksheetsChapter 7 Retirement
Total questions: 8
Worksheet time: 4mins
What is the mandatory retirement age in Malaysia?
56
58
60
62
How do most successful retirees get the majority of their income when they're retired?
Personal Savings
Social Security Checks
Public Pensions
Family & Friend Donations
What does "KWAP" stand for?
Kumpulan Wang Simpanan Pekerja
Kumpulan Wang Amanah Pekerja
Kumpulan Wang Persaraan
Kumpulan Wang Amanah Pengurusan
Life expectancy refers to
Your perception of how long you expect to live.
An estimate of how much money you need for retirement.
A statistical estimate of the number of years you will live in retirement.
A statistical measure of the average life span of a specific population.
When planning for retirement, you need to determine
how much money you need to live in a nursing home or retirement center.
how much money you want your children to inherit.
how much money you will need and how many years you will need it.
where you plan to live after you quit working.
Is it possible to revert back to conventional account if someone had switch to Simpanan Shariah-i for their EPF?
Yes
No
What is the monthly minimum amount required by each of EPF members to contribute?
Members=10%: Employer=11%
Members=11%: Employer=12%
Members=12%: Employer=13%
Members=13%: Employer=14%
How much is the basic saving one should have in EPF Account when he/she reach 55 years old?
RM228,000
RM230,000
RM240,000
RM260,000
