The EPF urges 'gig worker's to save up between 20% and 30% of their earnings to ensure they have enough money to retire with. – The Malaysian Insight file pic, April 28, 2019.
FREELANCERS and “gig workers”, who are already outnumbering traditional, fixed wage earners, need to save up between 20% and 30% of their current earnings to ensure they have enough to take care of themselves in their old age. They should also invest in medical insurance as the cost of treatment has skyrocketed in the past 15 years and is expected to go up in the near future, said the Employees Provident Fund .
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