Retirement: Nadlique’s Point of View
You see, the main aim of this blog is to document my journey towards financial freedom.
The thing is, what is financial freedom to me? Does it mean that once I’m financially free, I can retire, quit my job, and spend my days relaxing on the beach? Well, no.
Filed under Retirement (EPF and etc.) | Comments (10)Withdrawing EPF money for Holidays
While I was in Malaysia, I heard a story that I thought was rather… shocking.
There’s this person that lives around my neighbourhood. He recently went overseas for a holiday.
What is shocking is that he had withdrawn a sum of money from his Employees’ Provident Fund (EPF) account to fund his holiday trip. In Australia, their version of EPF is called Superannuation Fund, and in the US, if I’m not mistaken, social security right?
Now that’s a ’smart’ move don’t you think? Take note that he still has a lot more years to go through before his retirement.
Filed under Retirement (EPF and etc.) | Comments (18)