Take up a new sport If you had all the money and all the time in the world what would you do? This weekly insight offers some post retirement strategies, and they’re not necessarily just about money. After all, when you retire, you not only have money, but you also have time. In retirement, managing …
Professional footballer considers Mercedes before buying an MPF It’s not as flashy but one Hong Kong international footballer explains why he chose MPF over a Mercedes. Chris Chung is a Hong Kong international under 23 footballer who currently plays professionally with Kwoon Chung Southern FC in the Hong Kong Premier League. While outsiders may believe …
Four months shy of its 20th birthday Hong Kong’s Mandatory Provident Fund (MPF) system broke the $1 trillion threshold for the first time ever. This translates to an average account balance of $231,000 for each of Hong Kong’s 4.3 million MPF members. Anyway one looks at $231,000, it’s a meaningful foundation to build retirement wealth. …
