Are you investing enough?

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IT is not surprising that many Malaysians end up with insufficient savings or pension to rely on upon retirement. In general, while mandatory plans offer an excellent foundation – we often do not save enough and those savings are also used for other purposes such as a home loan, children’s education, personal education loan settlement, and more.

It cannot be stressed enough: It is never too late to start planning and investing for your retirement. As Malaysians, we have opportunities to invest for retirement through top-ups to EPF savings, Private Retirement Schemes and other forms of investment.

“Over time, through the concept of dollar-cost averaging, getting more units when prices are lower and fewer units when prices are higher, over many years, the net price per unit tends to be moderated and you tend to gain from the compounding effect of your funds.” Working with an asset manager such as Principal can help you reach your long-term financial goals. In business for over 140 years in markets around the globe, Principal has the expertise to help. Plus, you have the added benefit of knowing that Principal, as a PRS provider, is monitored by the Securities Commission of Malaysia.

Disclaimer: The information in this document has been derived from sources believed to be reliable, however, we do not independently verify or guarantee its accuracy or validity. It contains general information only on investment matters and should not be considered as a comprehensive statement on any matter and should not be relied upon as such. The information it contains does not take account of any investor’s investment objectives, particular needs or financial situation.

 

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