How much do I need to retire in Malaysia?

Take your yearly spending in today's ringgit and divide it by a withdrawal rate. At 4%, spending of RM60,000 a year needs RM1,500,000. If you stop at 40 or 45 rather than 60, the pot also has to last longer, so the calculator takes the larger of that figure and the pot that pays your spending to age 100 at the return you set.

Does my EPF count toward the number?

Yes, as money you cannot spend until it opens. You enter your own EPF balance on the day you can take it, from your statement or projection, and the age: the calculator assumes no EPF rate and no age of its own. It counts that balance toward the pot at its value on the day you stop, but the years before it opens have to be paid from savings outside it, which is the bridge.

The Private Retirement Scheme (Skim Persaraan Swasta) is counted the same way: its money opens at 55 without the early-withdrawal penalty, and the calculator grows it at your return less PPA's published fund fees. The tax relief it earns is not counted here; the PRS calculator on this site works that out.

What inflation does it use?

It opens on the Department of Statistics Malaysia's (Jabatan Perangkaan Malaysia, DOSM) consumer price index: its overall annual index rose 1.78% a year on average from 2015 to 2025, and 1.38% in 2025 alone. It is used to bring your EPF balance back to today's ringgit. Change it if you expect something else.

What about healthcare?

Put it into your yearly spending. The calculator has no separate figure for medical costs in later life, because it does not assume one: your own plan, insurance and health decide it. A larger spending figure makes the pot larger in proportion.

Retirement calculator for Malaysia (kalkulator persaraan), for retiring early

Work out the pot you need to stop work in Malaysia, in ringgit, how much of it your EPF and PRS cover, and what your own savings outside them must hold.

Figures in ringgit (RM). Inflation from the Department of Statistics Malaysia (DOSM); PRS fees from the Private Pension Administrator (PPA).

The spending, savings, EPF and PRS figures are an example: replace them with your own, from your latest statements. Jump to the inputs.

To stop work at 45 and spend RM60,000 a year in today's ringgit, the pot you need on the day you stop is

RM1,500,000

That is your spending divided by a 4% withdrawal rate.

Money locked until a later age counts toward it, but cannot be spent before it opens. What your own savings outside the EPF and the PRS must hold on the day you stop is

RM1,273,286

Your EPF and PRS take RM226,714 off the RM1,500,000. At your savings and RM30,000 a year, you would hold about RM685,265 outside by 45: RM588,021 short.

EPF, on the stop day: RM180,090; RM266,578 in today's ringgit at 55, at 1.78% inflation; shown here on the stop day at your 4% return.
PRS, on the stop day: RM46,624; Opens at 55 without the early-withdrawal penalty.
Bridge (10 years): RM506,120; Spending from 45 until the first opens, at 55.

Your age nowWhole years. From 18 to 70.Age you stop workYou save through each year until then. From 30 to 75.Yearly spending once you stopIn today's ringgit, with your healthcare included. This page has no separate figure for it. From 1,000 to 2,000,000.RMWithdrawal rate, %The share of the pot you take each year. 4% is the common rule, from Bengen (1994), a study of US market history. From 2 to 10, up to 2 decimal places.Savings outside the EPF and the PRS nowCash, unit trusts, shares, property you would sell.RMSaved outside them each yearAdded at the start of each year until you stop, in today's ringgit.RMYour EPF balance on the day you can take itFrom your own EPF statement or projection, in the ringgit of that day. No rate is assumed here. Leave at 0 to leave it out.RMAge you can take your EPFYour assumption: the EPF's own rules set it. 55 is only the example. From 40 to 75.PRS balance nowFrom your provider's statement. Leave at 0 if you have not started.RMPRS contribution a yearPaid in each year until you stop. Grown at the return less PPA's published fund fees; no tax relief is counted here.RMReturn above inflation, %Your assumption, before fees. It grows your savings and the locked money, and prices the years until it opens. Not a forecast. From 0 to 10, up to 2 decimal places.Inflation, %Opens on DOSM's average rise in consumer prices over 2015 to 2025. Used to bring your EPF balance back to today's ringgit. From 0 to 15, up to 2 decimal places.

Everything is in today's ringgit. Not modelled: healthcare as its own line, tax on withdrawals, the PRS tax relief, sales charges, a pension from an employer, anything you receive after you stop, and spending that changes with age. Your statements are the figures to trust. The link carries your figures after the #, so you can save or share it. Your figures are not sent to us.

How the number is worked out

The pot you need on the day you stop is your yearly spending divided by the withdrawal rate, or the pot that pays that spending to age 100 at the return you set, whichever is larger. 4% is the common starting rule; it comes from a study of US markets, so treat it as a starting point, not a promise for Malaysian markets.

Your EPF (Kumpulan Wang Simpanan Pekerja, KWSP) and PRS (Skim Persaraan Swasta) count toward that pot, but not toward the years before they open. Someone who stops at 45 and can take the EPF at 55 needs savings outside it for ten years of spending as well. The calculator shows that bridge, and the larger of the bridge and the pot less what is locked is what your own savings must hold.

Inflation and healthcare

DOSM's overall annual consumer price index (indeks harga pengguna) was 112.80833 in 2015, 132.79167 in 2024 and 134.625 in 2025, on a base of 2010 = 100. That is an average rise of 1.78% a year over those ten years, and 1.38% in the last year. The calculator opens on the ten-year average because a single year swings; your own view of the next thirty years is better than either.

Healthcare is part of your spending, not a separate line. Medical costs in later life depend on your health, your insurance and where you are treated, and the calculator does not assume a figure for them. If you expect a large bill, put it into your yearly spending and see how the pot moves.

Questions people ask

How much do I need to retire in Malaysia?: Take your yearly spending in today's ringgit and divide it by a withdrawal rate. At 4%, spending of RM60,000 a year needs RM1,500,000. If you stop at 40 or 45 rather than 60, the pot also has to last longer, so the calculator takes the larger of that figure and the pot that pays your spending to age 100 at the return you set.
Does my EPF count toward the number?: Yes, as money you cannot spend until it opens. You enter your own EPF balance on the day you can take it, from your statement or projection, and the age: the calculator assumes no EPF rate and no age of its own. It counts that balance toward the pot at its value on the day you stop, but the years before it opens have to be paid from savings outside it, which is the bridge.
What about my PRS?: The Private Retirement Scheme (Skim Persaraan Swasta) is counted the same way: its money opens at 55 without the early-withdrawal penalty, and the calculator grows it at your return less PPA's published fund fees. The tax relief it earns is not counted here; the PRS calculator on this site works that out.
What inflation does it use?: It opens on the Department of Statistics Malaysia's (Jabatan Perangkaan Malaysia, DOSM) consumer price index: its overall annual index rose 1.78% a year on average from 2015 to 2025, and 1.38% in 2025 alone. It is used to bring your EPF balance back to today's ringgit. Change it if you expect something else.
What about healthcare?: Put it into your yearly spending. The calculator has no separate figure for medical costs in later life, because it does not assume one: your own plan, insurance and health decide it. A larger spending figure makes the pot larger in proportion.

Sources: DOSM's annual consumer price index; PPA's PRS management fees and PRS FAQs. This is general information, not financial or tax advice; your statements and your own situation decide what applies to you.