Why contribute voluntarily?
Ka Fung got a 20% raise; his friend suggests MPF voluntary contributions: on top of the mandatory 5% monthly, add extra according to your needs for a comfier retirement.
How much is enough?
Consider: years to retirement, monthly retirement spending, life expectancy, inflation and investment returns. The MPFA website has a calculator. Pick suitable funds for voluntary top-ups on MPF fund comparison.
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