Project your total retirement pot from MPF plus personal savings.
Total retirement pot
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MPF at retirement
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Personal savings
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Worked example
Take someone aged 35 planning to retire at 65, so 30 years to go, with HK$500,000 of personal savings, a HK$300,000 MPF balance, monthly income of HK$40,000 and HK$5,000 of personal saving each month, expecting a 5 percent return. Two engines compound side by side. The MPF receives both the employee and employer 5 percent contributions, which on capped income is HK$1,500 each, so HK$3,000 a month, growing the HK$300,000 balance to about HK$3,837,099. The personal pot compounds the HK$500,000 plus HK$5,000 a month to about HK$6,395,165. Together the projected retirement pot is roughly HK$10,232,265. The personal saving ends up the larger share here, which shows how much the voluntary HK$5,000 a month adds on top of mandatory MPF over three decades.
Step
Amount (HKD)
Years to retirement
30
MPF at retirement
3,837,099
Personal savings at retirement
6,395,165
Total retirement pot
10,232,265
How it is calculated
The tool compounds two pots monthly to your retirement age at the expected return. The MPF pot starts from your current balance and adds the combined mandatory contribution each month, which is the employee 5 percent plus the employer 5 percent of relevant income, both capped once monthly income passes HK$30,000. The personal pot starts from your current savings and adds your chosen monthly contribution. Each month both balances grow by one-twelfth of the annual return before the new contribution is added, and the process repeats for every month between your current age and retirement. The total pot is the sum of the two at retirement. The projection assumes a steady return and level contributions, so it is an illustration; actual MPF returns vary with your fund choices and markets.
Frequently asked questions
How much will I have saved for retirement in Hong Kong?
Your retirement pot combines two engines. The first is MPF, where both you and your employer contribute 5 percent of relevant income each month. The second is your own savings outside MPF. This tool compounds both to your retirement age at your expected return, so you can see the total you are on track to reach.
What is the MPF contribution cap for 2025/26?
Both employee and employer each contribute 5 percent of relevant income, but the maximum relevant income is capped at HKD 30,000 per month. This means the maximum mandatory contribution from each side is HKD 1,500 per month, totalling HKD 3,000 combined. Employees earning less than HKD 7,100 per month are exempt from the employee contribution but still receive the employer contribution.
Can I withdraw my MPF before retirement age?
MPF assets are generally locked until age 65, which is the standard retirement age under the Mandatory Provident Fund Schemes Ordinance. Early withdrawal is only permitted in limited circumstances such as permanent departure from Hong Kong, total incapacity, terminal illness, or reaching age 60 under early retirement. Withdrawing early for other reasons is not permitted under current law.
Does my voluntary MPF contribution earn the same return as mandatory contributions?
Voluntary contributions are invested in the same MPF funds you select for mandatory contributions, so they earn the same return based on your fund choices. You can make additional voluntary contributions to grow your MPF balance faster than the mandatory minimum. Some employers also offer employer voluntary contributions as part of a remuneration package, which further boosts the MPF pot at no extra cost to you.