EPF Flexible Account: 3.86 million members have less money for their future (compounded…)

Are we worried that we may not have enough money when we retire in the future? I personally think EPF money is for the time when we no longer have income. That’s why it’s best not to touch it unless it’s for emergency purposes. It was revealed recently by the Finance Ministry that we have 3.86 million members who have withdrawn a total of RM10.78 billion from the Flexible Account aka Account 3 in the EPF. Perhaps some of them needed it for emergency purposes.