Tuesday, January 18, 2022

don't withdraw EPF fund in haste

 

EPF fund accounts

Let it stay in a stretch

Let the nest egg grow abundantly

Until the age of 75


EPF has shown its statistics

Every member who withdraws his fund

The cash will be gone within 3 years

Some less than 6 months


Even a member has reached age 55

He shouldn't withdraw it so quickly

He should maintain it as long as he can

By law EPF has to give a minimum 2.5% interest


At the current rate in the banks

It is still best to let the fund stay in EPF

Though there are members who can't wait to withdraw

All their funds to splash on their lives


EPF fund accounts

It is for old age to survive

Don't always depend on the children

They too have their own commitments

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