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Retirement · KWSP · Malaysia

Your future, compounded.

Project your EPF balance at retirement. Adjust your salary growth, expected dividends, and retirement age to see how it changes the outcome — live, as you type.

Rates current · 2026 Source: KWSP ↗ Last verified · May 2026

Your details

Enter your numbers — defaults reflect 2026 EPF norms.

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RM
RM
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Projected EPF at retirement
RM1,853,342
at age 60 · in 30 years
Starting balance Contributions Dividends earned
Starting balanceRM 50,000
Total contributionsRM 774,572
Total dividends earnedRM 1,028,769
Final monthly salaryRM 15,587
Show the formula
For each year until retirement:
  Annual contribution = Monthly salary × 12 × 23%
    (11% employee + 12% employer)
  Balance = (Balance + Contribution) × (1 + dividend)
  Salary = Salary × (1 + annual increase)
KWSP · contribution rates ↗
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How EPF works in Malaysia

Every employed Malaysian contributes to the Employees Provident Fund (EPF), known locally as KWSP. It is the country's primary retirement savings vehicle, and for most working adults, it will be the single largest financial asset they ever own.

The mechanics are simple: every month, both you and your employer contribute a percentage of your wage into your KWSP account. KWSP invests those funds and declares an annual dividend, which compounds your savings over time.

Contribution rates (2026)

Wage rangeEmployeeEmployerTotal
Monthly wage ≤ RM 5,00011%13%24%
Monthly wage > RM 5,00011%12%23%

You can voluntarily contribute more (up to RM 100,000 a year), and the first RM 4,000 of voluntary contributions also qualifies for income tax relief.

The compounding formula

Year-by-year EPF projection For each year until retirement:
  Annual contribution = Monthly salary × 12 × (Emp% + Empr%)
  New balance = Old balance × (1 + Dividend) + Annual contribution
  Next year salary = This year × (1 + Increment)

Historical EPF dividend rates

YearConventionalShariah
20246.30%6.30%
20235.50%5.40%
20225.35%4.75%
20216.10%5.65%
20205.20%4.90%

The 10-year average sits around 5.7–6.0%. We default to 5.5% in this calculator as a conservative estimate, but adjust based on your own outlook.

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EPF alone may not be enough

For most Malaysians, EPF alone replaces only 30–40% of working income at retirement. Robo-advisors and PRS funds let you supplement with low-fee, automated investing.

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Frequently asked questions

What is Account 1, 2, and 3 in EPF?
As of 2024, EPF restructured into three accounts: Akaun Persaraan (75% — for retirement), Akaun Sejahtera (15% — for housing, education, healthcare), and Akaun Fleksibel (10% — withdrawable anytime). This calculator projects the total balance across all three.
Can I withdraw EPF before retirement?
Yes, but only under specific conditions: home purchase, medical expenses, education, age 50 partial withdrawal, or via the Akaun Fleksibel introduced in 2024. Withdrawing early reduces your retirement balance significantly due to lost compounding.
Is EPF dividend guaranteed?
EPF guarantees a minimum 2.5% annual dividend by law. Actual dividends are typically much higher — averaging around 5.7–6% over the past decade — but they depend on the fund's investment performance.
Is RM 1 million enough to retire in Malaysia?
Probably not, depending on lifestyle. Using the 4% withdrawal rule, RM 1 million provides about RM 40,000 a year, or roughly RM 3,300 a month. KWSP's own benchmark for "basic" retirement savings is RM 600,000, but for a comfortable lifestyle they recommend RM 1.3 million or more.
Do self-employed people get EPF?
Yes — through the i-Saraan voluntary contribution scheme. The government matches 15% of contributions (capped at RM 500/year), which is one of the best risk-free returns available to gig workers and freelancers in Malaysia.

Other Malaysian calculators

Estimates based on simplified projections. Actual EPF returns vary year to year. Salary growth, dividend rates, and contribution rules may change. For retirement planning that matters, consult a licensed financial planner. Not financial advice. See methodology for the full formula.