Fidelity survey: 86% of post-80s rely solely on MPF for retirement

Fidelity’s Hong Kong retirement survey polled 500 working people aged 25–29. It found 86% count MPF as their only retirement plan — and few make MPF voluntary contributions to top it up.

How are young people saving?

94% have a savings habit, and over 90% feel responsible for preparing for retirement. But many underestimate how much retirement will cost.

Is MPF alone enough?

Monthly MPF contributions are capped (HK$1,000 at the time) — MPF alone may not fund retirement. Wealth experts advise young people to save or invest extra early, including voluntary contributions, to top up their reserves.

What’s young people’s edge?

Time is their greatest asset. With 30–40 years to retirement, compounding is powerful — even small extra monthly savings grow substantially over the years.

How to start?

First, know your MPF mix and its fees. Second, estimate your retirement needs. Third, consider voluntary contributions or other long-term investments. Starting early beats last-minute scrambling.

Learn about voluntary contributions at the MPF education hub; compare funds at MPF fund comparison.