MPFA Calculator on Retirement Needs

Mandatory Provident Funds Schemes Authority

MPF Education >> Calculators >> Calculator on Retirement Needs

Please enter the following information to calculate your retirement needs

Anticipated monthly expense during retirement (include all cost of living, medical expenses, etc.) (today's value):	HK$
Current age:
Expected retirement age:
Life expectancy:
Expected rate of return during retirement (include interests from savings account, or returns from other investments):		%
Expected inflation rate:		%

Calculation Result

Monthly expense (future value)

HK$

Monthly expense for the first month in retirement, and the amount will increase according to inflation rate afterwards

Amount you need when you retire (future value)

HK$

	The amount you need when you reach retirement, which has included the effect of inflation
	Only estimate your needs during retirement, and no amount will be left at the end of your retirement

Amount you need when you retire (today's value)

HK$

Note: The above calculator is based on certain assumptions including hypothetical data input by the user. It does not take into account individual needs or circumstances. The results generated by the Calculator are for reference only and are not intended as a substitute for professional investment advice. The MPFA shall not be liable for any errors or omissions in or any reliance placed upon the results.