MPF Retirement Projection
Project the pot using current relevant-income bands and a net return after fund fees. A 4% monthly figure is a planning draw, not an MPFA income.
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MPF inputs
Relevant income bands now: minimum HK$7,100, maximum HK$30,000 a month. Below the minimum, an employee still has employer MPF; a self-employed person generally pays none.
Enter the return left after all MPF fund fees and charges. The calculator will not deduct another assumed fee.
You can contribute more than HK$60,000 a year. Only TVC (with QDAP) is deductible up to that combined cap. Extra voluntary still grows the pot.
Bonus is added to the last contribution period of each year and shares that month’s minimum and maximum. Actual bonus months can differ.
This is a cash-flow sketch: pot × rate ÷ 12. It is not an MPFA or HKMA safe rate, and MPF is usually only accessible at 65 (or 60 after work has stopped).
Projected pot at age 65
Normal MPF withdrawal age is 65. This is a projection, not a trustee statement.
Total contributionsHK$1,680,000 · Investment growthHK$3,811,113 to age 65 years old
Total contributions
Employee HK$630,000 · employer HK$630,000
Investment growth
Growth at the net return you entered
Monthly at 4%
Pot × rate ÷ 12, not an official income
If net return is 1% lower
4.0% net return scenario
3%
HK$14,228
a month if drawn at this rate
3.5%
HK$16,599
a month if drawn at this rate
4%
HK$18,970
a month if drawn at this rate
Return definition: The 5.0% entered above is a net return after all MPF fund fees and charges, matching the MPFA retirement calculator. It is not a gross market return.
For sensitivity, a 4.0% net return gives HK$4,464,078, while 6.0% gives HK$7,323,551. These are scenarios, not fee estimates.
Mandatory contributions generally stop at 65. TVC can continue if the scheme accepts it. Compare this pot with FIRE only after separating locked MPF. Withdrawal rules · FIRE planning · TVC and QDAP cap
Hong Kong MPF projection: net return, locked until 65
The easy mistake is mixing a fund’s headline return with the return after fees. The MPFA retirement calculator asks for the expected annual return after all MPF fund fees and charges. This page uses the same definition: 5% means 5% net. It does not deduct another assumed fee. 5% is not an official return.
Mandatory contributions use the current monthly relevant-income bands: minimum HK$7,100, maximum HK$30,000, 5% each side. Below the minimum, an employee still has employer MPF; a self-employed person generally pays none. People under 18 or aged 65 or above are generally outside mandatory contributions. Bonus is added to the last contribution period of each year and shares that month’s cap.
You can contribute more than HK$60,000 a year. Only TVC is deductible, and it shares that cap with qualifying deferred annuity premiums. Ordinary voluntary contributions are not automatically deductible. Amounts above the cap still grow the pot; they may not be deductible in the same year of assessment.
A 4%, 3.5% or 3% monthly figure is only pot × rate ÷ 12. It is not an MPFA or HKMA safe rate. MPF is generally withdrawable at 65. Age 60 is only early retirement after all work has stopped and the statutory declaration is made. Plus or minus 1 percentage point is a sensitivity test, not a fee estimate. Trustee records remain decisive.
Data status
MPF contribution thresholds checked on 2026-08-28
Minimum and maximum relevant income, 5% mandatory contributions, TVC limits and withdrawal conditions follow MPFA information.
Investment return, fund fees, contribution continuity and retirement age are planning assumptions selected by the user.
Excludes actual fund-price movements, employment gaps, special employer arrangements, contribution surcharges and trustee posting times.
2026-08-28: Rechecked self-employed monthly and annual relevant-income bands, and noted that HK$7,500 is not the current minimum.
References
- 1Retirement planning calculator (return is net of fees)(Mandatory Provident Fund Schemes Authority)
- 2Mandatory contributions — employees(Mandatory Provident Fund Schemes Authority)
- 3Tax-deductible voluntary contributions(Mandatory Provident Fund Schemes Authority)
- 4Withdrawal of MPF upon reaching 65(Mandatory Provident Fund Schemes Authority)
Site data last reviewed: 2026-08-09 · The sources above are for reference only; please refer to the latest official announcements from the relevant organisations.
Think a figure, rule or source needs updating? Report this pageFAQs
Is the return before or after fees?
Is the 4% monthly figure guaranteed MPF income?
Can I spend a projected balance before 65?
If I contribute more than HK$60,000 a year, does the extra still grow?
How is a bonus treated?
What is the difference between an employee and a self-employed person?
A useful scenario to try
Compare 3%, 5% and 7% returns, higher inflation and a two-year contribution gap.
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Client-side only: All data is calculated on your device and is not uploaded to any server. Results are for reference only and do not constitute professional financial or legal advice.