Project your MPF pot at retirement with salary growth and investment returns.
Projected MPF at retirement
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Total contributions
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Investment growth
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Your breakdown
Updates live as you type
Step
Amount (HKD)
Worked example
Take a current MPF balance of HK$300,000, monthly income of HK$40,000, an expected 5 percent return, 3 percent annual salary growth and 25 years to retirement. The combined mandatory contribution is the employee 5 percent plus the employer 5 percent, but relevant income is capped at HK$30,000 a month, so each side is HK$1,500, giving HK$3,000 a month. Even though salary grows 3 percent a year, income is already above the cap, so the contribution stays at HK$3,000. Compounding the HK$300,000 balance and the monthly contributions over 25 years gives a projected pot of about HK$2,830,916. Of that, HK$900,000 is your and your employer's contributions, and roughly HK$1,630,916 is investment growth, with the original HK$300,000 making up the rest.
How it is calculated
The tool projects the MPF balance by compounding it monthly while adding the mandatory contributions. Each year it recomputes the combined monthly contribution on the current salary, taking the employee 5 percent plus the employer 5 percent of relevant income, with each side capped at HK$1,500 once monthly income exceeds HK$30,000. Within the year the balance grows by one-twelfth of the annual return each month before the contribution is added. At the end of each year the salary is grown by your salary-growth rate, and the relevant income is re-capped, so contributions only rise while pay is below the ceiling. Investment growth is the final balance less the starting balance and less total contributions. Real returns depend on the funds you hold, so treat the figure as a planning estimate.
Frequently asked questions
How big will my MPF be at retirement?
Your MPF balance at retirement depends on your current balance, the mandatory contributions from you and your employer, your salary growth and the investment return your funds achieve. This tool compounds the balance and contributions monthly, increases the contribution each year in line with your pay rise, and keeps each side capped at HK$1,500 a month once income passes HK$30,000.
What is the mandatory MPF contribution rate in Hong Kong?
Both the employee and the employer must each contribute 5 percent of the employee relevant income every month. Relevant income is capped at HK$30,000 per month, so the maximum mandatory contribution from each side is HK$1,500, giving a combined maximum of HK$3,000 per month. Employees earning below HK$7,100 per month are exempt from the employee portion but the employer must still contribute.
Can I make voluntary contributions on top of the mandatory amount?
Yes. Both employees and employers can make voluntary contributions above the mandatory 5 percent, and many schemes allow members to open a personal account for additional savings. Voluntary contributions are invested in the same fund choices as mandatory contributions but have different vesting rules depending on the scheme rules set by the employer.
When can I withdraw my MPF savings?
The standard withdrawal age is 65. Early withdrawal before 65 is allowed only in specific circumstances such as permanent departure from Hong Kong, total incapacity, terminal illness, or a small balance below HK$5,000 at age 60. Withdrawals taken as a lump sum at age 65 are not subject to salaries tax under current Hong Kong law.