How to Use the New Retirement Goal Calculator on Your I-Akaun App

As you approach retirement, managing your Employees Provident Fund (EPF) savings effectively is crucial to ensuring your financial security lasts for years to come. To help members maintain a steady income, the EPF has rebranded its monthly payment withdrawal option as i-Emas, offering a more structured approach to retirement planning .

What is i-Emas?

Introduced in May 2026, i-Emas is the new name for the monthly payment withdrawal facility available to members who have reached the age of 55 or 60 . Instead of taking a lump sum, members can opt for automated monthly payouts. This method is designed to provide a sustainable income stream, helping retirees manage their daily expenses while protecting their funds against rapid depletion or potential scams .

Why choose monthly payments over a lump sum?

Opting for i-Emas allows your remaining balance to continue earning annual dividends, which is a significant advantage over a full lump-sum withdrawal where the money stops growing within the EPF system . By choosing a structured schedule, you gain a clearer view of how long your savings will last, providing greater peace of mind throughout your retirement years .

How it fits into your retirement strategy

The i-Emas facility is part of a broader suite of tools, including the new Retirement Goal Calculator available on the KWSP i-Akaun app . This calculator helps you project your future needs based on your lifestyle, allowing you to assess whether your current savings are sufficient. By combining these digital tools with the disciplined payouts of i-Emas, you can take better ownership of your financial future and ensure your retirement remains comfortable and secure .