EPF’s Retirement Income Adequacy (RIA) Framework, updated January 2026, provides official benchmarks for how much Malaysians should have in EPF savings at each age milestone. Most Malaysians have never seen these numbers.
The Basic Savings Benchmarks (KWSP Official 2026)
- Age 25: RM10,000
- Age 30: RM26,300
- Age 35: RM47,000
- Age 40: RM74,000
- Age 45: RM108,000
- Age 50: RM150,000
Retirement Targets at Age 60
- Basic Savings: RM390,000 — covers essential living costs
- Adequate Savings: RM650,000 — reasonable standard of living
- Enhanced Savings: RM1,300,000 — greater financial security and independence
The Reality
As of October 2024, only 36% of active formal EPF members meet the Basic Savings level for their age. The Khazanah Research Institute found that over 90% of EPF members under 30 do not have adequate retirement savings.
What to Do
- Open i-Akaun and check your Akaun Persaraan balance
- Compare against the benchmark for your age
- Voluntary top-up via i-Simpan (voluntary EPF contribution): same 6.15% dividend, up to RM4,000 tax relief
- Reduce unnecessary withdrawals: every ringgit left in EPF compounds at 6.15% guaranteed
- If above Basic Savings: consider MIS i-Invest for growth exposure
⚠️ Disclaimer: EPF benchmarks from KWSP RIA Framework 2026. Verify current benchmarks at kwsp.gov.my. Not financial advice.
Speak to Kevin Teh
REN02206 | K3V Real Estate | Mont Kiara KL | Manulife Investment Consultant
+6013-555-7333 | kevintehrealestate.com | @k3vrealestate / @kevinteh