Not sure how much money to put aside for your retirement? Start a personal retirement fund. Social Security (EPF) was originally designed to get you through your retirement years but it’s unclear whether it will be sufficient due to the many “leaks”. While you can't stop paying EPF from you...r paycheck, you can create your own additional fund for yourself using the same percentages.
Creating your personal retirement fund is just one way to provide income in retirement. Consider all your options. Consider working towards being debt-free as part of your retirement planning, as well. Don't forget to discuss retirement planning with your spouse. A worry-free retirement is the result of solid planning and reviewing all options.
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