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KWSP savings of RM1.3 million looks big—but what is the Ringgit value by the time you reach 60?

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Hitting RM1.3 million in KWSP savings might be challenging but possible Having at least RM1.3mil in retirement savings might be a challenge for most Malaysians, but experts said the figure isn’t impossible if one remains disciplined in ensuring consistent savings and employment, English language newspaper and news portal The Star said yesterday, after interviewing a few experts in the country. The Star added, the financial specialists also urged the government to gradually raise the retirement age from the current 60, so Malaysians can accumulate enough retirement savings after factoring in the rise of costs of living and longer life expectancy.  Financial planner Encik Jarvic Lau said having RM1.3mil in retirement savings is doable, if a fresh graduate starts working at 25 with a monthly salary of RM2,500, enjoys a 5% annual increment and draws a final salary of RM15,000 at the age of 60.  According to Lau, this will give the individual a total of 35 years of working life a...

Dear Parents, I Love You More Than I Can Say

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When I was a kid, I didn’t understand any of it I thought the lights in our house were always on simply because that’s how homes worked. I thought dinner appeared at the same time every night because that’s just what parents did. I thought sacrifices were invisible because I never saw them happen. But now… now I’m old enough to see clearly. My parents worked much harder than I ever imagined.  Harder than they admitted. Harder than I ever thanked them for. I remember the mornings when my dad woke up before sunrise, moving through the house on his toes so he wouldn’t wake anyone. I remember the faint clink of keys, the thermos closing, the quiet sigh — the sigh of someone beginning a long day. Back then, I never asked why he was so tired. I just assumed adults were supposed to be exhausted. Now I understand: He carried more than he should have, so I wouldn’t have to. I remember the winter when he wore the same old coat for years, while I got a new one because “kids grow fast.” I reme...

Selamat Menyambut Hari Keputeraan Ke-78 Yang Dipertuan Besar Negeri Sembilan

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Di SEREM BAN, agensi berita rasmi Malaysia BERNAMA   melaporkan Tunku Kecil Muda, Tunku Datuk Mahmood Fawzy Tunku Muhiyiddin mendahului senarai 532 penerima darjah kebesaran, bintang dan pingat kerajaan Negeri Sembilan sempena Hari Keputeraan Ke-78 Yang Dipertuan Besar Negeri Sembilan Tuanku Muhriz Tuanku Munawir hari ini. Beliau yang juga Penyelia Adat Istiadat Istana Besar Seri Menanti itu dianugerahkan Darjah Seri Setia Tuanku Muhriz Yang Amat Terbilang (SSTM) yang membawa gelaran Datuk Seri. Ketua Audit Negara, Datuk Seri Wan Suraya Wan Mohd Radzi pula dianugerahkan Darjah Seri Setia Negeri Sembilan Yang Amat Cemerlang (SSNS) yang turut membawa gelaran Datuk Seri. Enam individu pula dianugerahkan Darjah Dato' Paduka Negeri Sembilan (DPNS) yang membawa gelaran Datuk iaitu Hakim Utama Mahkamah Tinggi Seremban, Datuk Ahmad Shahrir Mohd Salleh, Ahli Majlis Mesyuarat Kerajaan Negeri Sembilan, Datuk Mohd Faizal Ramli dan Naib Canselor Universiti Kebangsaan Malaysia (UKM), Prof Sufian...

Raja Melayu paling lantang zahir rasa kecewa

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Ada parti politik yang kelihatan seperti membela perasuah, melindungi amalan keji ini, memperjuangkan kepentingan kumpulan elit, mengamal rasuah sebagai budaya — pada masa sama berslogan kosong menjaga kepentingan Melayu dan Islam Akhbar dan portal Bahasa Melayu Berita Harian melaporkan bahawa Yang di-Pertuan Besar Negeri Sembilan, Tuanku Muhriz Tuanku Munawir melahirkan kebimbangan terhadap gejala rasuah yang dilihat semakin berleluasa dan amat membimbangkan. Baginda kecewa kerana wujud pihak yang terus memberikan sokongan kepada individu yang disabitkan kesalahan rasuah amat besar, seolah-olah perbuatannya diterima dan dimaafkan. "Beta amat terperanjat dan kecewa apabila masih wujud pihak yang terus memberikan sokongan kepada individu yang disabitkan bersalah atas tuduhan rasuah yang amat besar, seolah-olah perbuatan itu boleh diterima dan dimaafkan. "Sikap sedemikian bukan sahaja mencerminkan kegagalan memahami bahaya rasuah yang meruntuhkan integriti institusi dan asas m...