How much EPF will you have?
Enter your age and salary. This tool projects your EPF (KWSP) balance at retirement age from the statutory contribution rates and EPF's real dividend history — and shows what it is worth in today's money.
Projected EPF savings at age 55
RM932,744
≈ RM444,679 in today's money
Made up of — over 30 years
Your contributions
RM188,399
Employer contributions
RM213,955
Dividends earned
RM530,390
How it grows
Estimated balance at the end of each year (future value).
Read first — this is a projection, not a guarantee
- Dividends change every year. This projection assumes one fixed rate; the real figure will move up and down (statutory minimum 2.5% for Simpanan Konvensional).
- It assumes you work and contribute without a break to retirement age — real careers have gaps (caregiving, unemployment, self-employment).
- It does NOT deduct withdrawals. Since 2024 savings split into Akaun Persaraan 75% / Akaun Sejahtera 15% / Akaun Fleksibel 10% (Fleksibel is withdrawable anytime). If you withdraw for housing/education/health, your real balance is lower — so this is an UPPER bound.
- Future ringgit isn't today's ringgit. The 'today's money' line deflates the figure by your inflation assumption.
Assumptions & sources
Statutory rates (KWSP — fixed):
- Employee contribution 11% of wages
- Employer contribution 13% (wages ≤ RM5,000) / 12% (above)
- Statutory minimum dividend 2.5% per year (Simpanan Konvensional, Section 27, EPF Act 1991)
Your assumptions (adjustable):
Declared Simpanan Konvensional dividends (average 5.77%):
Method: each year the opening balance earns a full year's dividend and that year's contributions earn half a year (they arrive across the 12 months). The employer rate is re-checked each year against that year's salary. We use the flat 11%/13%/12% rates — the Third Schedule actually sets amounts per RM20 band, but the difference is a few ringgit over decades.
Sources
- Contribution rates — KWSP, Third Schedule, EPF Act 1991 (kwsp.gov.my).
- Annual dividends & statutory minimum — KWSP, Dividend Resource Centre (kwsp.gov.my).
How it's calculated
Each month you contribute 11% of your salary and your employer contributes 13% (wages RM5,000 and below) or 12% (above RM5,000) — the statutory rates in the Third Schedule of the EPF Act 1991. Those savings then earn a dividend each year.
Each year your opening balance earns a full year's dividend and that year's contributions earn about half a year (they arrive across the 12 months). The employer rate is re-checked each year against that year's salary, so a salary crossing RM5,000 correctly steps the employer rate from 13% to 12%.
Example: a 25-year-old earning RM3,000, with 3% annual raises and a 5.75% dividend, is projected to have roughly RM933,000 at 55 — but that is worth only about RM445,000in today's money (assuming 2.5% inflation). That is why the tool shows both figures.
This is a projection, not a guarantee. Dividends change every year (statutory minimum 2.5% for Simpanan Konvensional), real careers have contribution gaps, and the tool does not deduct any withdrawals (housing, education, Akaun Fleksibel) — so your real balance may be lower.
Sources
- Contribution rates — KWSP, Third Schedule, EPF Act 1991 (kwsp.gov.my)
- Annual dividends & the statutory 2.5% minimum — KWSP, Dividend Resource Centre (kwsp.gov.my)
Want to know what actually reaches your pocket each month after EPF, SOCSO and tax? Use the net salary calculator, and see where your salary ranks among Malaysian workers.
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