Can Malaysia Avert A Generational Retirement Crisis?

Shazrul Ariff Suhaimi, Research Associate, Khazanah Research Institute

30-Sep-24 08:45

Can Malaysia Avert A Generational Retirement Crisis?

Pause
Embed

The latest State of the Household 2024 report from the Khazanah Research Institute revealed that 90% of EPF members under the age of 30 are not projected to meet the RM240,000 savings target by retirement age, with income and expenditure trends exacerbated by the Covid-19 pandemic. What are the factors that need to be addressed to avert a generational retirement crisis? We discuss findings from the report as well as policies to consider with Shazrul Ariff Suhaimi of Khazanah Research Institute.

Image Credit: shutterstock.com

Produced by: Grace Tan, Adani Binti Mohamad Zaidi

Presented by: Shazana Mokhtar, Keith Kam

This and more than 60,000 other podcasts in your hand. Download the all new BFM mobile app.

Categories: property, financial wellness

Tags: retirement savings, household income, employees provident fund,

Today’s Shows

11:00 AM

Best of Enterprise

(REPEAT) We catch up with Founder and CEO Henry Ting to unpack how TTRacing has grown since 2024, how its revenue mix and operations have changed, the commercial logic behind its product and market expansion, and how the company is balancing growth with profitability.

12:00 PM

Popcorn Culture

(REPEAT) Stuff We Missed: Memori & Sore + Time Travel Movies

1:00 PM

Cruise Control

(REPEAT) Are Malaysians switching to EVs at an acceptable rate? We unpack where we are in this week's episode.

2:00 PM

Matt-Splained

(REPEAT) On today’s show, Richard and Matt offer up their apologies and outline what you can expect to see at your desk in 2026. From agentic AI bundling up your day, to managerial trends and mentoring.

3:00 PM

Earth Matters

(REPEAT) For this month’s Nature Reads, wildlife researcher Su Mei Toh discusses a range of books, including environmental classics, books on Indigenous knowledge, science writing, and field guides rooted in Malaysia.

4:00 PM

Bar None

(REPEAT) Are our shuttlers playing in too many tournaments in a calendar year? We unpack the issue.

5:00 PM

BBC World Service

Datshiane Navanayagam talks to two women who changed paths to design and manufacture their own shoes in their own countries.

PROGRAMMES