KUALA LUMPUR, March 17 — While the Employees Provident Fund (EPF) announced a 6.3% dividend for 2024, financial experts emphasize that relying solely on EPF savings is insufficient for long-term security. Economic fluctuations and inflation necessitate a more proactive approach to financial planning, including investment diversification in stocks, bonds, REITs, ETFs, and Private Retirement Schemes (PRS).
Dr. Paul Anthony Maria Das of Taylor’s Business School stresses the importance of maintaining an emergency fund, managing expenses wisely, and regularly reviewing portfolios. The 6.3% return is encouraging, but true financial resilience requires strategic wealth management, disciplined saving habits, and adapting to changing economic conditions.
