Retirement savings calculator

What it calculates

How much you need to save each month, from your current age to retirement, to fund a private lifetime pension of the amount you want.

What you need

• Current age, retirement age and sex.
• The capital you have already saved.
• The monthly pension you want.
• The expected return while saving and during retirement.

How it is calculated

1. Required fund: the present value of a lifetime monthly pension, based on the return during retirement and life expectancy at your retirement age.
2. Monthly saving: the payment that, with your starting capital and its return, reaches that fund at retirement.

Example

A 35-year-old woman who wants to retire at 65 with USD 800 a month, with no starting capital and a 4% return before and after retiring, needs to save about USD 260.98 a month for 30 years, building a fund of USD 179,428.18.

This is a financial and actuarial projection, not an IESS benefit, and it does not replace the IESS pension. Estimate that one with the IESS old-age retirement simulator.

Updated on October 23, 2026. This information is for reference only and does not replace a review of your case.