Only 4.0 per cent of Malaysians could afford retirement, according to the Employees Provident Fund (EPF) calculations from the previous year.
Based on Malaysia Ageing and Retirement Survey (MARS) Wave 2, some 37 per cent of the 4,821 respondents said they had not given much thought towards retirement while 23 per cent said they may opt to change the nature of their work.
At least 21 per cent of respondents said they would continue to work until their health failed, while only 10.8 per cent of interviewees said they would stop work altogether.
