Retirement Planning Tool

What Return Does Your
Retirement Goal Require?

Enter a target amount or a retirement monthly budget, tell us your current portfolio — we'll calculate the annual return your inputs mathematically imply. For reference only; not a forecast and not investment advice.

⚠️ Figures generated are illustrative estimates based solely on your inputs. The required return shown is a mathematical implication, not a forecast or prediction of any MPF fund's future performance. Past performance is not indicative of future performance. MPFGo is not a registered MPF intermediary and does not provide regulated advice.
Retirement Goal
Target Retirement Amount HK$500,000
HK$
Retirement Monthly Budget (today's dollars) HK$5,000
HK$
/ mo
Life Expectancy (planning age) 75 yrs
7585100
Source: Hong Kong Census & Statistics Department, 2024 life expectancy at birth (men 82.8 / women 88.4 yrs). Planning to an older age provides a wider safety margin.
Σ
Implied retirement target: — = monthly × 12 × years in retirement
Your Current Position & Timeline
Current MPF Portfolio (vested balance) HK$0
HK$
Current Age 18
184064
Retirement Age 50
506575
Ongoing Monthly MPF Contribution (Employee + Employer, optional) HK$0
HK$
/ mo
⏱
Years until retirement: 32
Implied Required Annual Return
—
to reach your retirement target, based on your inputs
Retirement target the lump sum you're aiming for at retirement
—
Starting portfolio your current vested MPF balance
—
Total future contributions monthly contribution × months until retirement
—
Investment gap to close target minus portfolio and total contributions (nominal)
—
Years to compound working time for your money
—
What this means: Higher required returns generally require accepting greater investment risk. Achieving any specific return over time is not guaranteed. This figure is a mathematical result of your inputs — it is not a forecast of MPF fund performance, and it is not a recommendation to invest in any particular fund type. For regulated advice on MPF fund selection, please consult a registered MPF intermediary.
Portfolio Trajectory — Required vs. Reference Returns
Reference lines (3% / 5% / 7%) are illustrative only and do not represent any specific MPF fund. Actual MPF fund returns vary widely by fund type and market conditions.

The calculator solves for the annual return rate r that makes your current portfolio plus future monthly contributions grow to your retirement target over the chosen time horizon. A bisection numerical solver is used (no closed-form solution exists when ongoing contributions are present).

Target = P × (1 + r/12)^(n×12)
     + C × [((1 + r/12)^(n×12) − 1) / (r/12)]

where: P = starting portfolio, C = monthly contribution, n = years,
              r = annual required return (solved numerically)

When the Monthly Expense method is used, the target is derived as: monthly budget × 12 × (life expectancy − retirement age). This is a simple illustrative "spend-down to zero" approach in today's dollars; it does not adjust for inflation, post-retirement investment returns, healthcare costs, or government allowances (e.g., CSSA, Old Age Allowance). Real-world retirement planning typically requires more granular modelling.

References: MPFA How to Make MPF Investment Decisions (Chapter 2, Fees and Charges); Hong Kong Census & Statistics Department, "Women and Men in Hong Kong — Key Statistics" (2024 edition); MPFA Conduct Guidelines VI.2 §III.43 (projections of fund performance). Verify inputs against your personal trustee statements at mpfa.org.hk.