you need at least RM192000 in savings
    to live with RM800/month for another 20 years
    till you die at age 75 years , after retirement at age 55 years.

   about 70% of EPF account holders has less than RM50k
   in savings at age 55 years , and 50% of them finishes
   all the savings within 5 years.

    look for Shariah Compliance Private Retirement Scheme ( PRS )
    in addition to the existing EPF contributions
    of 11% personal contribution and13% by employer.




   to have RM 1 Million in cash at age 55 years :
   ( based on 2.5% guranteed dividend for KWSP )

    - gross salary RM5000/month , with 3% increment P.A
    - current age : 30 years
    - retirement age : 55 years
    - EPF amount at age 30 years : RM 0.00
    - Total EPF contributions : 23% ( 11% + 13% ) , with 2.5% returm P.A
    - PRS contribution : 7.5 % @ RM375 per month minimum ,
                                      and adjusted according to salary increment P.A
                                      expected return from PRS of 6% P.A

   thus , for a salary of RM5000 per month ,
   by contributing minimum 7.5% from salary per month ,
   by the age 55 years you'll get :

   -  EPF contribution : RM669600
   -  PRS Fund : RM330400
   - total : approx RM 1 Million.

  plus , you can get income tax exemption for RM3000/year
  for the PRS contribution on top of the RM6000/year
  income tax exemption for the mandatory EPF contribution
  and life insurance policies.

   allocate funds from salary
   for EPF and PRS with 10 10 80 rule : click here

  more about PRS : click here

 " When God blesses you financially , don't raise your
    standards of living , but raise your standards of GIVING "