IFPHK and YF Life Trustee launched the 2026 Hong Kong–Macau Retirement Expense Index in August. Building on IFPHK’s retirement-expense tracking since 2020, the expanded study now provides a regional benchmark covering both Hong Kong and Macau. In Hong Kong, the Index rose to 131.6, while retirees’ average monthly expenditure reached about HK$15,090. In Macau, the new baseline Index was set at 100, with average monthly retiree expenditure at about MOP10,400.
Hong Kong Retirement Expense Index 2026
Retirement Costs Soar Faster Than Inflation, Monthly Spend Hits HK$15,090
Over 72% of HK Retirees Wish They’d Acted Sooner
The Institute of Financial Planners of Hong Kong (IFPHK), in collaboration with YF Life Trustees Ltd. (YF Life Trustees), today launched the "IFPHK x YF Life: Hong Kong–Macau Retirement Expense Index" (Index). The Index rose to 131.6 in 2026, up from 127.0 in 2023 and 100 in 2020, while average monthly spending increased to about HK$15,090 in 2026. On an annualised basis, the Hong Kong Retirement Expense Index grew by more than 5% per annum from November 2020 to May 2026.
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Macau Retirement Expense Index 2026
Macau retirees spend MOP10,400 per month in first benchmark year
Strong satisfaction with CPF points to room for broader retirement income use
The Institute of Financial Planners of Hong Kong (IFPHK), in collaboration with YF Life Insurance International Limited (YF Life), have officially released the latest finding of the IFPHK x YF Life: Hong Kong–Macau Retirement Expense Index (Index). The findings reveal that Macau retirees’ actual monthly expenses average MOP10,408. Macau’s Index establishes 2026 as the baseline year with an index value of 100, laying a vital foundation for future year-on-year tracking of retirement living costs in the city.
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IFPHK Hong Kong Retirement Expense Index 2023
Retiree Spends HKD15,000 per month and RMB1,350 in GBA per visit Hong Kong Retireees Consumes Only Half of Pre-retirement Income Advocating for a Joyful Retiring Life
The Institute of Financial Planners of Hong Kong (IFPHK) is pleased to release the “IFPHK Hong Kong Retirement Expense Index” (Retirement Index) today. The Retirement Index has experienced a noteworthy increase of 8 basis points, reaching a score of 127, reflecting the rising trend of retirement expenses among respondents. The survey reveals that retirees now spend HKD14,700 per month, up by around HKD1,000 compared to the previous year.
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IFPHK Hong Kong Retirement Expense Index 2022
External Economic Condition Affects Income Replacement Rate
Only One-Fifth of Respondents Have Arranged the “Three Instruments of Peace”
The Institute of Financial Planners of Hong Kong (IFPHK) has released in June the third “Hong Kong Retirement Expense Index” (Retirement Index) since its first launch in 2020. The Index has slightly increased by 1.4, with respondents spending $13,800 monthly and up by $300 compared to last year.
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IFPHK Hong Kong Retirement Expense Index 2021
Up by 20 Per Cent Retirees’ Average Spend at HK$13,465 Per MonthEstimate the Need to Save HKD4 Million for Retirement
The Institute of Financial Planners of Hong Kong (IFPHK) released the first “Hong Kong Retirement Expense Index” (Retirement Index) today. Taking 2020 as the baseline year and 100 as the basis point, the 2021 Index surged to 117.4, up by 17.4%. According to the Index, respondents spend HKD13,465 monthly, up by HKD$2,000 compared to HKD11,467 in 2020.
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IFPHK Hong Kong Retirement Expense Index 2020
Retirees’ Average Spend at HK$11,500 Per Month Amid PandemicAging Society and Fewer Children Underline the Need to Expand Passive Income Sources
The Institute of Financial Planners of Hong Kong (IFPHK) have recently commissioned a professional research institute to conduct a research on the actual expenses of the retirees in Hong Kong. The findings reveal that the COVID-19 have casted a substantial drop on retirees’ travelling and dining-out expense, with their actual monthly expense averaging HK$11,500.
DownloadThe “IFPHK x YF Life: Hong Kong–Macau Retirement Expense Index” was jointly launched in 2026 by the Institute of Financial Planners of Hong Kong (IFPHK) and YF Life Insurance International Limited. Since 2020, the Index has been the only long-term, retirement-specific benchmark tracking retirees’ actual living expenses. As the first study of its kind by IFPHK, the Index tracks and measures long-term changes in retirees’ actual living expenses with reference to the Composite Consumer Price Index (CPI) and the expenditure weightings published by the Government.
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