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18
65

Research has shown that, on average, people of a working age start saving for retirement when they are 32.

 

Source: 2016 HSBC report, ‘The Future of Retirement: Generations and journeys’

50
75

On average, people of a working age expect to retire when they are 63.

 

Source: 2017 HSBC Survey Report, ‘The Future of Retirement: Shifting sands’

1,000
500,000

Regular monthly expenses for retired individuals differ, depending on their chosen lifestyles:

Basic lifestyle* HKD6,985
Modest lifestyle^ HKD11,335
Comfortable lifestyle^ HKD21,770
Affluent lifestyle^ HKD38,540

*assumed living in public housing

^assumed living in a private flat with no mortgage


Source: HSBC Retirement Monitor June 2019

0
50,000,000

Make sure you only include long-term savings, investments and MPF you’re not planning to access before you retire.

0
500,000

Only 37% of working age people think they’ll be financially comfortable in retirement, according to an HSBC survey. Saving and investing more, and starting earlier, could help.

 

Source: 2017 HSBC Survey Report, ‘The Future of Retirement: Shifting sands’

Tell us how you feel about risk by selecting one of the options below.
  • Secure
  • Very cautious
  • Cautious
  • Balanced
  • Adventurous
  • Speculative
Secure
You generally do not want to take any investment risk, since you can accept no investment loss.
Very cautious
You are generally comfortable with achieving minimal level of return potential on your investment coupled with minimal risks.
Cautious
You are generally comfortable with achieving a low level of return potential on your investment coupled with a low level of risk.
Balanced
You are generally comfortable with achieving a moderate level of return potential on your investment coupled with a moderate level of risk.
Adventurous
You are generally comfortable with achieving a high level of return potential on your investment coupled with high level of risk.
Speculative
You are generally comfortable with maximizing your return potential on investment coupled with maximized risk.

We'll assume that your retirement funds are invested at the risk level you select.