Pension calculators

Check your retirement age with the retirement age calculator, and estimate the amount of your future pension with the pension calculator.

Note that your future earnings will affect your pension significantly. Your final pension is calculated when you retire. Check your pension record for your already accrued pension amount.

Check your retirement age

Select your year of birth. The calculator will tell you your retirement age.

Retirement age ?

Your retirement age is the first possible age at which you can retire on an old-age pension.

- Your estimated time in retirement based on life expectancy. ?

Life expectancy is the average number of years that a person of a certain age is expected to live if mortality remains unchanged. In Finland, life expectancy is calculated by Statistics Finland.

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Your target retirement age ?

Because people are living longer, the life expectancy coefficient has been introduced. It reduces the pension you receive. To offset the effect of the life expectancy coefficient, you need to work an additional length of time. This later retirement age is called your target retirement age.

- Your estimated time in retirement based on life expectancy. ?

Life expectancy is the average number of years that a person of a certain age is expected to live if mortality remains unchanged. In Finland, life expectancy is calculated by Statistics Finland.

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Calculate your pension

Use the pension calculator to estimate how much pension you will receive.

Enter the salary as an integer, for example. 2500.
Retirement age ?

Your retirement age is the first possible age at which you can retire on an old-age pension.

- Pension estimate/month - €/month
Your target retirement age ?

Because people are living longer, the life expectancy coefficient has been introduced. It reduces the pension you receive. To offset the effect of the life expectancy coefficient, you need to work an additional length of time. This later retirement age is called your target retirement age.

- Pension estimate/month - €/month

Check how your selected retirement age affects your estimated pension amount.

Chosen retirement age

The selected retirement age is 63 years and 0 months Estimate of your pension - €/month
About the calculator

This calculator will calculate the amount of your earnings-related pension only.

The calculator will calculate your pension as of the beginning of 2018 based on the wage that you enter into the calculator. The accrued pension is the pension that you have accrued by the end of 2017. The pension is calculated based on the 2018 pension rules. However, your future pension will depend significantly on how your earnings will develop, and your final pension cannot be calculated until shortly before you retire.

If you are a wage earner, you will accrue a pension as of age 17. If you are self-employed, you will accrue a pension as of age 18. The calculator will calculate your accrued pension as of age 17.

Each birth year group has its own retirement age. The retirement age for those born in 1965 and later is based on the currently estimated life expectancy. This calculator calculates your accrued pension under the assumption that you will not retire early.

The target retirement age is the age at which the reducing effect of the life expectancy coefficient has been offset by the increase to your pension because of late retirement. Your target retirement age will be confirmed when you turn 62. If you are younger than that, it is an estimate.

You cannot use this calculator to calculate a partial old-age pension or a disability pension.

The calculator calculates how much pension you have accrued if you were born in 1949 or later. You can accrue a pension until the age of 70, which is why this calculator can be used to calculate a pension to the age of 70 at the most. The age when you stop paying pension insurance and no longer accrue a pension will rise from 68 to 69 (for those born between 1958 and 1961) and 70 (for those born in 1962 and later).

As of the beginning of 2017, you will accrue a pension at a rate of 1.5% of your annual gross wages. From 2017 to 2025 you will accrue a pension at a rate of 1.7% of your annual gross wages if you are between 53 and 62 years old.

The pension you have accrued will be adjusted with the life expectancy coefficient. It is determined depending on your year of birth. The life expectancy coefficient used to adjust your pension will be confirmed when you turn 62 years. If you are younger than that, it is an estimate.

If your income in retirement is small, you may have the right to receive a national pension.