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https://www.channelnewsasia.com/news/asia/malaysia-epf-withdrawal-anwar-najib-relieved-prudent-13602184 I read this news with great interest.. We have some Singaporeans clamouring for their early withdrawal of the SG equivalent: CPF. Now that a neighbouring country which literally took our system and implemented it in their own nation is allowing this, we can see how prudent this will be. Can we really manage our own funds if we get a large windfall? Now we aren't talking about armchair intellectuals here.. we are talking about the masses, who may not deal with large sums of money on a regular basis, and may rush headlong into unwise investments or get forced into giving it to their kids.. So this will be an interesting study of whether it's a good idea or not IMO. https://www.thestar.com.my/opinion/columnists/the-star-says/2020/11/08/epf-account-1-withdrawals-welcomed---but-must-be-treated-cautiously Already words of caution are sounding out..