Search
Back
Personal
Personal Banking Preferred Banking Private Banking
Business
Business Banking Wholesale Banking
Group
CIMB Group CIMB Group Islamic
Our Initiatives
CIMB Sustainability CIMB Foundation
Back
Language
EN BM
 
Countries
logo CIMB Malaysia logo CIMB Indonesia logo CIMB Singapore logo CIMB Thailand logo CIMB Cambodia logo CIMB Vietnam logo CIMB Philippines
Back
Accounts  
Savings Account
Current Account
Fixed Deposit Account
Mudarabah IA
 
Riuh Durian Runtuh 2025 Campaign
Open a CIMB DURIAN-i Account, deposit & stand to win your once-in-a-lifetime escapes, with over 10,000 prizes to be won! Earn more entries now. T&C.
Valid until 31st Dec 2025
Find Out More
Cards  
Credit Cards & Services
Debit Card
Financing  
Personal Financing
Property Financing
Auto Financing
 
Cash Plus Personal Loan
Instant approval and disbursement, with rates from as low as 4.38%p.a.*. Unlock financial flexibility with CIMB Cash Plus Personal Loan. Bank personal loan with low interest rate for loan up to RM100,000. 5 years tenure, no collaterals and guarantors required.
Find Out More
Remittance  
See All Remittance
Currency Exchange  
See All Currency Exchange
Sustainability at CIMB  
See All Sustainability at CIMB
CIMB@Work  
See All CIMB@Work
More Services  
Auction
Islamic Banking Overview  
See All Islamic Banking Overview
Islamic Wealth Management  
See All Islamic Wealth Management
More Services  
Tabung Haji Services
Zakat Payment Service
Investments  
Investment Products
Insurance/Takaful  
Life Insurance/Family Takaful
Car and Motor Insurance/Takaful
Travel Insurance
Personal Accident Insurance
Credit Related Insurance/Takaful
Property Insurance/Takaful
Latest Promotions  
See All Latest Promotions
CIMB Deals  
See All CIMB Deals
Kita Bagi Jadi  
See All Kita Bagi Jadi
CIMB OCTO App  
See All CIMB OCTO App
CIMB Clicks  
See All CIMB Clicks
Apply for Products  
See All Apply for Products
DuitNow QR  
See All DuitNow QR
Personalised For You  
See All Personalised For You
Customer Help Centre  
See All Customer Help Centre
Locate Us  
See All Locate Us
Rates & Charges  
Forex Rates
Interest Rates & Charges
Profit Rates & Charges
Standardised Base Rate / Base Rate / Base Lending Rates / Base Financing Rate.
Calculators  
Credit Card Payment Calculator
Auto Financing Affordability Calculator
Property Monthly Instalment
Property Affordability Calculator
Auto Financing Instalment Calculator
ASB Financing Monthly Instalment
Pembiayaan Peribadi Awam-i Calculator
Security & Fraud  
Security & Fraud Awareness
Security Policy
Customer Surveys
SecureWord
Malware
Phishing
TAC
SMS/Phone Call Scam
Money Muling
Extra Care by CIMB  
See All Extra Care by CIMB
You're viewing:
Personal Banking
Other Sites
Day To Day Banking
Accounts
Cards
Financing
Remittance
Currency Exchange
Sustainability at CIMB
CIMB@Work
More Services
Islamic Banking
Islamic Banking Overview
Islamic Wealth Management
More Services
Wealth Management
Investments
Insurance/Takaful
Deals & Promotions
Latest Promotions
CIMB Deals
Kita Bagi Jadi
Digital Services
CIMB OCTO App
CIMB Clicks
Apply for Products
DuitNow QR
Personalised For You
Help & Support
Customer Help Centre
Locate Us
Rates & Charges
Calculators
Security & Fraud
Extra Care by CIMB
Quicklinks
Contact Us
Upload Documents
Check Application
logo
MY - EN

Financial Planning for Retirement

 

As you grow older, it’s a good idea to match your spending to your current needs. Focus on what really matters, and cut down on things you don’t need.

 

Create a clear budget. Include your pension, monthly expenses, and healthcare costs. A solid budget helps you stay in control and avoid overspending.

 

If your home feels too big or costs too much to maintain, think about moving to a smaller, more affordable place.

 

Know what your pension offers and when you can access it. Use it wisely so the money lasts through your retirement years.

 

You don’t have to stop working completely. If you feel up to it, try part-time work or take up a new hobby. Some hobbies can even bring in extra income.

The Story of Syafiq and Tan

Insufficient Retirement Savings

 

Syafiq doesn’t have enough savings for retirement. His money is running out, and he’s getting more worried as healthcare and caregiving costs increase.

No Retirement Savings

 

Tan depends on monthly government aid. He has to withdraw it from the bank just to get by. Because of this, he struggles with planning his will and sorting out his estate.



Key Lessons for Managing Money in Retirement

 

  • Start saving as early as you can — try to save 15–20% of your income for retirement.
  • Plan long-term and only take out money when you really need it.
  • Review and update your will. Make sure the people you name as beneficiaries are still around and trustworthy.
  • Make your retirement meaningful. Set personal goals and keep yourself mentally active to avoid feeling bored or burnt out.
  • Check your financial plan often and adjust it based on your health, lifestyle, and financial needs.

 

You are about to enter a third party website & CIMB Group's Privacy Policy will cease to apply.

This link is provided for your convenience only and shall not be considered or construed as an endorsement or verification of such linked website or its contents by CIMB Group.

 

CIMB Group makes no warranties as to the status of this link or information contained in the website you are about to access.

 

Do you wish to proceed?

Yes, please proceed